WebX International Holdings Announces Strategic Plan to Allocate Proceeds Towards Crypto Asset Treasury, Employee Costs, and Operational Expenses

Reuters
09/01
WebX International Holdings Announces Strategic Plan to Allocate Proceeds Towards Crypto Asset Treasury, Employee Costs, and Operational Expenses

WebX International Holdings Company Ltd. has announced a change in the use of proceeds from its recent subscription. The company plans to allocate approximately 90% of the net proceeds, around HK$42,858,000, towards building a treasury of crypto assets, focusing on bitcoin and related instruments. The remaining 10% of the proceeds, approximately HK$4,762,000, will be used to cover various expenses, including those related to customized solutions, employee costs, and other operating expenses such as maintenance, equipment, and office rental costs. These strategic allocations are intended to support the company's interests and those of its shareholders. The subscription is subject to certain conditions and may not necessarily proceed to completion. Stakeholders are advised to exercise caution in dealing with the company's shares during this period.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. WebX International Holdings Company Ltd. published the original content used to generate this news brief on September 01, 2025, and is solely responsible for the information contained therein.

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

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