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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

Germany
Germany
Germany
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.

The materials on the Eversheds Sutherland website are for general information purposes only and do not constitute legal advice. While reasonable care is taken to ensure accuracy, the materials may not reflect the most current legal developments. Eversheds Sutherland disclaims liability for actions taken based on the materials. Always consult a qualified lawyer for specific legal matters. To view the full disclaimer, see our Terms and Conditions or Disclaimer section in the footer.

Key contacts

barrimendelsohn@eversheds-sutherland

Barri Mendelsohn

Partner

United Kingdom

alexanderhonrath@eversheds-sutherland.com

Dr. Alexander Honrath

Partner

Munich, Germany

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