GAMEONE Holdings Limited (GAMEONE, Stock Code: 8282) has introduced a Rights Issue offering one Rights Share for every two existing shares, on a best effort and non-fully underwritten basis. Up to 19,000,000 new shares may be issued at HK$0.60 each, potentially raising approximately HK$11.4 million before expenses. After estimated costs of around HK$1.0 million, the net proceeds could stand at about HK$10.4 million.
The subscription price of HK$0.60 represents a slight premium to the HK$0.59 closing price on the last trading day prior to the announcement, and the theoretical dilution effect is around 0.55%. Qualifying Shareholders can also apply for excess Rights Shares through the dedicated arrangements. Any unsubscribed portion will not be fully taken up by the underwriter if there is insufficient demand from investors.
Underwriting services are provided by Innovax Securities Limited, which has undertaken to place unused entitlements on a best-effort basis. Key dates include a latest acceptance and payment deadline of 4:00 p.m. on Monday, 10 November 2025. The shares are expected to be listed in both nil-paid and fully-paid forms on the Stock Exchange subject to standard conditions and approvals.
According to the Company, approximately 80% of the net proceeds are intended to fund artificial intelligence-related software development within its existing gaming and service segments, while the remaining 20% will serve general working capital needs. The Company’s management highlights this move as an initiative to strengthen its capital structure and support ongoing business operations.