NEW RAY MEDIC (06108) announced that on December 5, 2025, the company entered into a placing agreement with a placing agent. The company conditionally agreed to place up to 33.432 million shares at HK$0.225 per share to no fewer than six placees (all independent third parties) on a best-efforts basis.

The maximum number of placing shares represents approximately 20.00% of the company's existing issued share capital as of the announcement date, and about 16.66% of the enlarged issued share capital post-placement.

The placing price of HK$0.225 per share represents: 1. An 8.16% discount to the closing price of HK$0.245 per share on the last trading day on the Stock Exchange 2. A 10.57% discount to the average closing price of approximately HK$0.2516 per share for the five consecutive trading days preceding the last trading day

Assuming full subscription, the gross proceeds will be approximately HK$7.5 million, with net proceeds of about HK$7.4 million after deducting placing expenses. The net proceeds will be entirely used for acquiring additional distribution rights related to the group's core business.