Physix Frontier
Direct Drive Technology
Funding History
- IPOUndisclosed — Listed on the HKEX Main Board (Chapter 18C specialist technology company) at HK$21.6 per share, offering 50 million H shares for gross proceeds of HK$1.08 billion (net approximately HK$983 million); closed at HK$23.20 (+7.41%) on debut, with a market cap of approximately HK$8.574 billion; the Hong Kong public offering was 208.56x subscribed and the international offering 2.72x; cornerstone investors include Hong Kong Sci-Tech Innovation and JSC International under Beijing Financial Holdings.
- Pre-IPO RoundUSD 27M
- Series B+++ RoundUSD 16M
- Series B++ RoundUSD 6M
- Series B RoundUSD 21M
- Series A RoundUSD 15M