Yushu Technology to Start IPO Tomorrow, Expected to Make a Profit of Around $220,000 per Signatory
August 9th. Unitree Technology will start trading tomorrow. The latest price for Unitree perpetual contract on Trade.xyz is $87.525, approximately 590 RMB. Based on a post-IPO total share capital of approximately 404 million shares, the corresponding market value is about $35.4 billion, approximately 238.7 billion RMB.
Unitree Technology's IPO offering price is 150.8 RMB per share, and the pre-market contract price is about 3.91 times the offering price. The IPO on the Sci-Tech Innovation Board this time plans to issue 40.4464 million shares, accounting for 10% of the post-IPO total share capital. Each lot consists of 500 shares, with a subscription payment of about 75,400 RMB.
If calculated based on the latest price on Trade.xyz, the value of 500 shares is about 295,000 RMB. After deducting the 75,400 RMB subscription payment, the potential profit per lot is about 219,600 RMB, approximately 220,000 RMB, representing a potential return on investment of about 291%.