CAPITAL VC Successfully Places 276 Million Unsubscribed Rights Shares

Stock News
03/12

CAPITAL VC (02324) announced that by 4:00 p.m. on Tuesday, February 10, 2026, the final acceptance deadline, it had received a total of 10 valid applications for 174 million rights shares, representing approximately 38.6% of the total shares offered under the rights issue. The remaining 276 million unsubscribed rights shares, accounting for about 61.4% of the total offering, were subject to a compensation arrangement. By 4:00 p.m. on Thursday, March 5, 2026, the final deadline for the placing agent to place the unsubscribed shares, all 276 million unsubscribed rights shares were successfully placed under the placing agreement at HK$0.12 per share, equivalent to the subscription price. As a result, no net proceeds will be distributed to non-acting shareholders under the compensation arrangement. The total gross proceeds from the rights issue, including the compensation arrangement, amount to approximately HK$54 million. After deducting all necessary expenses, the estimated net proceeds from the rights issue will be approximately HK$52.9 million.

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