Horizon Bots: Discount of approximately 5.75% on placement of shares, raising approximately HK$6.34 billion.

Jin10 Data reported on September 26 that Horizon Robotics (09660.HK) announced on the Hong Kong Stock Exchange that on September 25, 2025, the company, existing shareholders, and underwriters entered into a placement and subscription agreement, with a price equivalent to the placement price of HK$9.99 per share (a discount of approximately 5.75%), raising a net amount of approximately HK$6.34 billion. The placement shares account for about 4.6% of the company’s existing issued share capital as of the date of this announcement and approximately 1.9% of the voting rights of the company’s issued share capital at the shareholders' meeting. The company intends to use the estimated net proceeds from the subscription to expand its overseas market business, support the scaled application of advanced driver assistance solutions, and invest in emerging fields, such as plans related to Robotaxi.