Infinities Technology Seeks HK$51 Million via Stock Offering

MT Newswires Live

03/05

Infinities Technology International (HKG:1961) is seeking to raise HK$51.4 million via a stock offering, according to a Hong Kong bourse filing Wednesday.

The firm is seeking investors for 146.9 million shares priced at HK$0.35 each to raise funds for general working capital and to advance its gaming and artificial intelligence products.

The shares represent around 20% of the company's issued share capital and 16.67% as enlarged by the sale.

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