IMPERIUM TEC GP (00776) announced that on October 2, 2025, the company plans to place up to 74.6485 million shares, representing approximately 16.67% of the company's enlarged issued share capital following the allotment and issuance of the placing shares.

The placing price of HK$0.845 per placing share represents a discount of approximately 19.52% to the closing price of HK$1.050 per share on October 2. Assuming all 74.6485 million placing shares are fully placed, the estimated gross proceeds and net proceeds will be approximately HK$63.08 million and HK$62.35 million respectively.

The company intends to use the net proceeds from the placing as follows: (1) Approximately 48.67% of the net proceeds will be used for direct and/or indirect investment in developing artificial intelligence technology to support the group's existing business. Given the increasingly important position of AI, the group expects that enhancing AI capabilities can better position the group in existing and future online gaming business, as well as blockchain technology related to its cryptocurrency business and other potential endeavors in Web3.0; (2) Approximately 35.29% of the net proceeds will be used for potential direct or indirect investment in identified commercial application AI solution providers, including biotechnology; (3) Approximately 16.04% of the net proceeds will be used for the group's general working capital and general corporate purposes.