On August 12, HORIZONROBOT-W rose 3.04% in regular trading, trading at HK$5.25/share, with turnover of HK$374 million. The stock continues its recovery trajectory after the market digested the dilutive impact from a major share issuance to CARIAD.

On August 3, the company completed the issuance of approximately 1.302 billion Class B ordinary shares to CARIAD at HK$3.99 per share, representing a roughly 20% discount to the prevailing market price. The issuance accounted for approximately 8.93% of total shares outstanding. Following the settlement, the stock experienced two consecutive sessions of selling pressure. However, with CARIAD committing to a 12-month voluntary lock-up period and its stake fixed at 9.9%, short-term overhang concerns have materially eased, allowing the share price to enter a recovery channel since late last week.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)