Crypto Flow Technology Limited (Stock Code: 8198) announced that it has entered into a fifth supplemental placing agreement on 31 October 2025 to further extend the Placing Long Stop Date to 20 November 2025. According to the announcement, additional time is required to fulfill the conditions precedent set out in the original placing agreement and its subsequent supplements.
All other terms and conditions of the placing agreement remain unchanged. The company’s board of directors considers the agreement to be on normal commercial terms, describing it as fair and reasonable and in the interest of the company and its shareholders as a whole. Since completion of the placing is subject to conditions precedent, it may or may not proceed, and shareholders and investors are advised to exercise caution when dealing in the company’s shares.