China Baoli Technologies Completes Issuance of 133 Million Shares, Raising Net Proceeds of Approximately HK$60.3 Million
Stock News
Oct 13
China Baoli Technologies (00164) has announced that all conditions precedent set out in the subscription agreements have been fulfilled and satisfied, and the subscription was completed on October 13, 2026, in accordance with the terms and conditions of the agreements.
A total of 133 million subscription shares were successfully allotted and issued to the subscribers at a subscription price of HK$0.481 per subscription share, in accordance with the terms and conditions of the subscription agreements.
The net proceeds from the subscription amounted to approximately HK$60.3 million.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.