Linklaters advises RoboSense on HK$1bn placing of new shares on HKEX
Linklaters advised RoboSense Technology Co., Ltd (RoboSense) on the successful completion of another placing of new shares, raising approximately HK$1bn.
This placing aims to support RoboSense’s business growth and development plans. The net proceeds from the transaction will primarily be used for the research and development of robotic incremental components, the establishment and enhancement of domestic and overseas production lines, as well as exploring potential strategic partnerships.
RoboSense is an AI-driven robotics technology company which delivers sensors and solutions for automotive and robotics applications in three core areas: artificial intelligence, chips, and hardware.
The Linklaters team was led by Partner and Head of Equity Capital Markets, Greater China, Christine Xu and counsel Queenie Tong.
Partner and Head of Equity Capital Markets, Greater China, Christine Xu commented:
“We are honoured to have once again supported RoboSense in achieving success in equity financing transactions, which further solidifies our long-standing relationship. As a highly recognised leader in the LiDAR and robotics industry, RoboSense has further strengthened its market position through strategic equity financing. We sincerely look forward to continuing our role as a trusted advisor, supporting our clients in achieving transformational growth in the rapidly developing new economy sectors.”
The Linklaters Greater China ECM team has extensive experience and comprehensive regulatory knowledge across various new economic sectors, providing seamless legal support on pre-IPO investments, IPOs, post-listing compliance and equity financing. In recent years, the team of experienced advisors has advised on a number of landmark transactions in the areas of hard technology, autonomous driving, robotics, and new energy vehicles, including RoboSense's IPO (the first LiDAR company listed on the HKEX) and its subsequent equity financing transactions, Chenqi Technology’s IPO (the first ride-hailing platform and RoboTaxi listed on HKEX), as well as Minieye's H-share IPO, and continues to act as the ongoing legal advisor on Hong Kong law for these listed companies.
