GCL New Energy Announces Private Placement of 186.5 Million Shares

Reuters
01/08
GCL New Energy Announces Private Placement of 186.5 Million Shares

GCL New Energy Holdings Ltd. has announced a discloseable transaction involving the subscription and investment in the company through the issue of new shares. Under the agreement, 186,500,000 new shares will be issued to a subscriber at an issue price of HK$1.033 per share. The issuance will be conducted under the company’s existing general mandate, which was approved by shareholders at the annual general meeting. The transaction is expected to be completed on the fifth business day after all conditions precedent have been fulfilled.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. GCL New Energy Holdings Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260108-11984237), on January 07, 2026, and is solely responsible for the information contained therein.

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