Latest data from the Hong Kong Stock Exchange reveals that on January 26, a shareholder of CRYPTO FLOW (08198) transferred shares from Lippo Securities to FIRST SHANGHAI Securities, with the transferred position valued at HK$128 million, representing 8.01% of the company.

CRYPTO FLOW announced that on November 11, 2025, all the preconditions set out in the placing agreement (as supplemented by the supplemental placing agreement, the second supplemental placing agreement, the third supplemental placing agreement, the fourth supplemental placing agreement, and the fifth supplemental placing agreement) had been fulfilled, and the completion of the placing was settled on November 11, 2025.

A total of 32 million placing shares, representing approximately 4.5% of the company's enlarged issued share capital of 718 million shares following the completion of the placing, were allotted and issued to no fewer than six independent placees in accordance with the terms and conditions of the placing agreement at the placing price.

The gross proceeds from the placing amounted to approximately HK$99.5 million, while the net proceeds, after deducting placing commissions and other related costs and expenses, were approximately HK$99.2 million.