Virtual Mind Holding Company Limited has entered into a share subscription facility agreement with an investor and GYBL. Under the terms of the agreement, the company will issue and allot up to 8,000,000 new shares to the investor at a subscription price of HK$0.85 per share pursuant to the first subscription agreement. Additionally, up to 31,000,000 new shares may be issued upon the exercise of warrants at a warrant exercise price of HK$1.97 per share, subject to adjustments. The placing of new shares will be conducted under a specific mandate to be sought at an extraordinary general meeting. The proceeds from the transaction are intended to support the company’s principal businesses, which include apparel operations, money lending, and IP application and products operations.

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. Virtual Mind Holding Company Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260121-11996535), on January 20, 2026, and is solely responsible for the information contained therein.