Net-a-Go Technology (HKG:1483) completed a HK$70.4 million share offering, according to a Hong Kong bourse filing Thursday.
Shares of the environmental maintenance firm fell nearly 3% in morning trade Friday.
The firm sold 80 million shares at HK$0.88 apiece to S Harmony Investment Fund to raise funds for potential investment opportunities in the embodied intelligence robot value chain.
The shares represent 9.76% of the company's enlarged issued share capital.