Eversheds Sutherland has advised Geek+ on its successful initial public offering and listing on the Main Board of the Hong Kong Stock Exchange
July 15, 2025
Eversheds Sutherland has advised Geek+ on its successful initial public offering and listing on the Main Board of the Hong Kong Stock ExchangeJuly 15, 2025 The IPO offering size was approximately HK$2.36 billion (US$300 million). Geek+’s market capitalisation exceeded HK$21.8 billion (US$2.8 billion) on the first day of trading. For the IPO, Eversheds Sutherland's advice focused in particular on the due diligence and legal opinions regarding the German and English subsidiaries. Founded in 2015, Geek+ leads the world in commercial deployment of autonomous mobile robots (AMRs) for warehouses, powering supply chains from Shenzhen to Seattle. Its annual order volume has doubled over three years, reaching RMB 3.14 billion RMB (US$438 million) in 2024. Morgan Stanley and CICC acted as the joint sponsors, acting together with Deutsche Bank and CMBI as overall coordinators, joint global coordinators, joint bookrunners, and joint lead managers. The multi-jurisdictional Eversheds Sutherland team led by Partner Dr. Alexander Honrath (Capital Markets), included Partner Nils Müller (data protection, cybersecurity, IT law), Partner Dr. Rolf Kowanz (employment law, company pensions), Partner Fabian Volz (insurance law, product liability), Counsel Dr. Christian Lindner (corporate, M&A), Senior Associate Ling Liu LL.M. (Capital Markets), Legal Advisor Elva Liu LL.M. (Capital Markets), Senior Associate Can M. Dertürk (employment law), Lawyer Sheng-Tien Lee (commercial and IP law) and Senior Associate Kai Wörner (real estate, environmental and public economic law). Partner Barri Mendelsohn and Senior Associate Michelle Ye (both corporate, M&A) led and advised on the UK elements of the transaction. Latest Insights
Latest News
Latest Events
legal updates September 03, 2026 CC/Devas v India: Sovereign immunity survives New York Convention legal updates September 02, 2026 Commercially Connected shorts - 2 September 2026 legal updates September 02, 2026 Increase in the amount of corporate fines legal updates September 01, 2026 Germany: regulator publishes draft determination for electricity grid charg... client news September 03, 2026 We advised TMF Finland Oy on its acquisition of Navigator Partners Oy client news September 01, 2026 We advised Ilkka Oyj on its acquisition of Custobar Oy firm news August 26, 2026 Eversheds Sutherland strengthens top-ranked pensions practice with appointm... client news August 25, 2026 We advised Merus Power on its EPC supply agreement with Exilion virtual UAE - Employment law in the Dubai International Financial Centre September 10, 2026 9.30am - 1.30pm (GMT) Virtual in-person Managing AI use in the workplace: what every UK HR team needs to know September 10, 2026 9.30am - 1.00pm (BST) London, United Kingdom in-person Basic foundations of US employment law September 17, 2026 9.30am - 4.30pm (GMT) London, United Kingdom in-person 2026 BDC Roundtable September 23, 2026 Washington DC, United States |