IB Settlement (00147) announced that on August 29, 2025, the company entered into a subscription agreement with subscribers. Under the agreement, the company conditionally agreed to allot and issue, and the subscribers conditionally agreed to subscribe for, a total of 2.782 billion subscription shares at a subscription price of HK$0.18 per subscription share.

The subscription shares represent approximately 12.04% of the enlarged issued share capital. The subscription price represents a discount of approximately 17.43% to the closing price of HK$0.218 per share on August 29, 2025.

The board of directors believes that the issuance of subscription shares presents an excellent opportunity for the group to raise additional funds to meet general working capital requirements. It will also provide the group with sufficient capital to further expand its cryptocurrency-related business and other financial technology-related projects in the near future.