SMART FISH (00139) announced the completion of its placement of 205 million shares on October 17, 2025. All shares have been allocated and issued to no less than six subscribers in accordance with the terms of the placement agreement. Regarding the use of proceeds and the group's funding needs, approximately HKD 11 million of the net proceeds, totaling around HKD 50 million, will be used to repay group liabilities, another HKD 11 million will be allocated for general working capital in its securities trading business, and the remaining approximately HKD 28 million will be utilized for general working capital in its lending operations. The company plans to utilize the entire net proceeds within twelve months following the completion of the placement.