Infinities Technology International (Cayman) Holding Limited (Infinities Tech) has amended the terms of its ongoing share placement, according to a supplemental agreement signed with Pinestone Securities Limited on 25 March 2026 after trading hours.

The long stop date for fulfilling all conditions precedent under the placing agreement has been pushed back from 25 March 2026 to 15 April 2026, allowing the placing agent additional time to secure investors for up to 146.86 million new shares to be issued under the company’s existing general mandate.

Concurrently, the placing price has been raised to HK$0.425 per share from the original HK$0.35. The revised price represents a 19.81% discount to the 25 March 2026 closing price of HK$0.53 and a 16.50% discount to the five-day average closing price of HK$0.509.

Assuming the full allotment, gross proceeds are expected to reach approximately HK$62.40 million, with estimated net proceeds of about HK$61.80 million after placing-related expenses. The implied net issue price is HK$0.421 per share.

Management plans to allocate the net proceeds as follows: • 40% (HK$24.72 million) for day-to-day operations and general working capital, including staff costs, office rentals and administrative expenses. • 30% (HK$18.54 million) for continued research and development of gaming and artificial-intelligence products. • 30% (HK$18.54 million) for strengthening and diversifying the group’s gaming segment and supporting traffic maintenance on its advertising platform.

All other terms of the original placing agreement remain unchanged. Completion of the placement remains subject to the fulfillment of the amended conditions, and there is no assurance that it will proceed. Shareholders and potential investors are advised to exercise caution when dealing in the company’s shares.