CMON (HKG:1792) said it extended the deadline of its previously announced HK$8 million share offering to Feb. 9, according to a Hong Kong bourse filing Monday.

Shares of the tabletop games maker gained over 3% in morning trade Tuesday.

The firm said it was extending the long stop date of the offering since it needed additional time to fulfill the offering's conditions.

The company is looking to raise funds via the sale of 10.3 million new shares at HK$0.80 each.

CMON previously said the net proceeds will be used for general working capital, including marketing and events, game development, and day-to-day operating expenses.