ALPHA PRO HLDGS (00948) Completes Placement of 28 Million Shares
Stock News
Nov 14, 2025
ALPHA PRO HLDGS (00948) announced that all conditions of the placement have been fulfilled, with completion taking place on November 14, 2025. The placing agent successfully allocated a total of 28 million placement shares to no fewer than six placees at the placement price of HK$0.24 per share. These 28 million shares represent 8.02% of the company's existing issued share capital. Following the placement, none of the placees became a major shareholder.
Under the placement and top-up subscription agreement, the seller will subscribe, and the company will allot and issue 28 million subscription shares to the seller at a subscription price of HK$0.24 per share (equivalent to the placement price).
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