Vobile Group (HKG:3738) completed the issue of HK$155.8 million of convertible bonds to Wind Sabre Opportunities Fund and Aces, a Friday Hong Kong bourse filing said.
The conversion price is HK$3.80 per share, according to the digital content protection and transaction company.
The firm will use proceeds from the issue for the development of and investment in the AI-generated content-related business, as well as for general working capital.