SenseTime

Placed 1.7 billion shares @ HK$1.91, an approx. 8.6% discount to the April 16 closing price of HK$2.09. Use of proceeds: 40% to expand SenseCore AI infrastructure (scaling domestic chip supercomputing clusters), 30% for generative AI R&D (SenseNova series), 20% for AI vertical exploration, and 10% for general working capital. All funds expected to be used by end of 2026.