Rego Interactive (2422) has announced a change in the use of net proceeds from its previous Rights Issue, which raised approximately HK$99.0 million. Originally, 65% had been allocated for acquiring a PRC company focused on e-commerce solutions, 25% for developing and expanding the virtual and physical goods delivery business, and 10% as general working capital. As of the latest announcement date, HK$51.1 million had been utilized, leaving HK$47.8 million unutilized.

According to the updated plan, the acquisition project did not progress as anticipated due to unsatisfactory performance of the target company and market uncertainties. Consequently, a prepayment of HK$16.5 million will be refunded by 30 June 2026, while the total unutilized net proceeds of HK$64.3 million have been reallocated to general working capital. The company expects to fully utilize the remaining funds by 31 December 2026. The board believes this reallocation will enhance capital efficiency and aligns with current operational needs without materially affecting the group’s operations.