Imperium Technology Group Raises HK$63 Million Through Share Placement
Imperium Technology Group Limited has announced the successful completion of a placing of new shares under a general mandate. The company issued 74,648,500 new shares at a placing price of HK$0.845 per share, representing approximately 20% of the issued share capital before the placing and about 16.67% of the enlarged share capital after completion. The new shares have been placed to not less than six placees. Following the placing, the company's total issued shares increased from 373,243,200 to 447,891,700. The net proceeds from the placement are intended for the general working capital of the group.
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