Buy Crypto
Markets
Spot
Futures
Earn
Promotion
More
reward-centerNewcomer Zone
Feed HomeFlash details
Future Fintech Group Inc. expects nearly $200,000 in profit from the signing of a single contract, with new shares available for subscription starting on August 10th.
  • STAR0%
  • BASED0%
  • STAR-3.25%

BlockBeats News, August 6th, prior to the IPO of Unitree on Trade.xyz, the perpetual contract is currently priced at $68.2, approximately 460 CNY, corresponding to a post-listing market value of approximately $27.9 billion, around 1906 billion CNY. The IPO's target issuance valuation is about 42 billion CNY, with an expected 4.5x initial trading profit.


Unitree's GEM IPO plans to issue approximately 40.45 million shares, accounting for 10% of the total post-issuance share capital. The IPO's target issuance valuation is about 42 billion CNY, with the 40.45 million shares corresponding to a market capitalization of 4.2 billion CNY. The estimated IPO price per share is around 104 CNY (the final price will be determined by inquiry and may be slightly adjusted), with an allocation of 500 shares per lot. The estimated payment for one successful allocation is about 52,000 CNY.


Based on Trade.xyz's pricing calculation, the opening will result in a 4.5x increase, with the value of 500 shares per lot at the opening being 234,000 CNY, and the profit after deducting the subscription payment is approximately 182,000 CNY.

Source: BlockBeats

Disclaimer: The current content is sourced from third-party perspectives or directly translated by AI from third-party perspectives. CoinEx does not guarantee the authenticity, accuracy, and originality of the content, and it does not constitute any investment advice from CoinEx. The prices of cryptocurrencies are highly volatile, please be aware of the potential risks.

Hot
  • Coins
    Price
    24H Change