GLOBALSTRAT (Global Strategic Group Limited) has completed a share placement that issued 37.72 million new shares at HK$0.22 each, adding 16.67% to the company’s enlarged share base. All closing conditions under the placing agreement were met and settlement occurred on 21 April 2026.

The transaction generated net proceeds of approximately HK$7.88 million after fees. According to the board, the funds will be allocated to bond redemption, payment of professional fees and general working capital.

Share capital rose from 188.60 million to 226.32 million shares. Executive Director Mr. Wu Guoming maintained his absolute holding of 1.62 million shares, but his ownership diluted from 0.86% to 0.72%. Newly allotted shares are held by at least six independent placees who collectively own 16.67% of the company, while other public shareholders now account for 82.61%.

All placees are confirmed by the company to be independent third parties, and none becomes a substantial shareholder upon completion.