On February 4, 2026, NEWLINK TECH (09600) announced its intention to conduct a placement of up to 60 million shares, which would represent approximately 5.98% of the company's enlarged issued share capital following the allotment and issuance of the placement shares.

The placement price has been set at HK$0.300 per share, representing a premium of approximately 48.51% over the closing price of HK$0.202 per share on February 4.

Assuming the full placement of all 60 million shares is achieved, the gross proceeds and estimated net proceeds are projected to be HK$18 million and HK$17.909 million, respectively.

The company intends to allocate the net proceeds from the placement towards supplementing the group's general working capital requirements.