Skip to content
AI IntelligenceJul 11, 2026Secondary Market
Article

MiniMax

MiniMax shares plunged 24% on lock-up expiry, but the company quickly raised $2.2 billion HKD in a follow-on offering. The event highlights the valuation split between AI platform and product companies.

Data Cube AI EditorialSource: Pandaily
01

Source Brief

MiniMax shares plunged 24% on lock-up expiry, but the company quickly raised $2.2 billion HKD in a follow-on offering. The event highlights the valuation split between AI platform and product companies.