CMON-NEW (01792) has announced that all conditions under the placement agreement have been fulfilled, and the placement was completed on February 12, 2026. A total of 10.32 million placement shares, representing approximately 16.67% of the company's enlarged issued share capital following the placement, were successfully allotted to no fewer than six placees at a price of HK$0.9500 per share, in accordance with the terms of the placement agreement, supplementary letter, and second supplementary agreement. Based on all reasonable inquiries made by the directors, the placees and their ultimate beneficial owners (where applicable) are independent third parties, and none of the placees has become a major shareholder of the company as a result of the placement. The gross proceeds from the placement amount to approximately HK$9.8 million. After deducting placement commissions and other related expenses, the net proceeds are approximately HK$9.4 million, which are intended to be used as general working capital. This includes (i) approximately HK$2.35 million for marketing and events, such as participation in trade exhibitions and promotional activities; (ii) around HK$5.875 million for game development, covering prototyping, content development, and art creation; and (iii) about HK$1.175 million for the ordinary operations of the board games, miniature wargames, and other leisure product sales business.