GCL Technology Holdings Ltd. has announced amendments to its subscription agreement regarding the issuance of new shares under a general mandate. The company revealed that, following completion of the subscription, the total number of shares will be 33,216,469,973. The proceeds from this placement are intended to optimize the company's capital structure, with a focus on increasing its shareholding in subsidiaries involved in the polysilicon business. The subscriber for the new shares is Infini Capital Management Limited, acting as the investment manager for Infini Global Master Fund (IGMF), a multi-strategy investment fund. The ultimate beneficial owner of the subscriber is Tony Chin, founder and chairman of Infini Capital Global. The completion of the subscription remains conditional on the fulfillment or waiver of certain precedent conditions. GCL Technology has advised shareholders and potential investors to exercise caution when dealing in its shares.