According to a company announcement, HARBOUR EQUINE (08377) has confirmed that all conditions under the placement agreement have been fulfilled and completion was implemented on October 6, 2025. Under the terms and conditions of the placement agreement, the placing agent has successfully placed a total of 81.8 million placement shares at a placement price of HK$0.10 per placement share to no fewer than 6 placees, representing approximately 16.66% of the company's enlarged issued share capital following the allotment and issuance of the placement shares.