MemeStrategy, Inc. (2440) announced that on November 14, 2025, the company entered into five Subscription Agreements with five individual investors to issue a total of 49,049,824 new shares at HK$1.714 per share. The aggregate consideration is US$10.82 million (approximately HK$84.07 million). The shares to be issued represent around 13.33% of MemeStrategy’s existing issued share capital and approximately 11.76% of the enlarged share capital.

Under these agreements, each subscriber is subject to a 12-month lock-up period restricting disposals of the newly issued shares. The subscription is conducted under the company’s General Mandate granted at its 2025 annual general meeting, requiring no additional shareholder approval. Completion is targeted by December 31, 2025, subject to conditions that include approval from the Stock Exchange for listing and dealing in the new shares.

The transaction is expected to raise net proceeds of around HK$83.72 million. Approximately 50% of these proceeds will be allocated toward acquiring digital assets such as Solana for the company’s proprietary blockchain validators, and the remaining 50% will be used to explore strategic collaborations—including potential partnerships or joint ventures—in the Real-World Assets space. These initiatives align with the company’s expansion into blockchain, Internet of Things (IoT) applications, and related technology-driven ventures.

Upon completion of the subscriptions, the company’s total issued shares will increase from 367,979,269 to 417,029,093. Home Office Development Limited, which currently holds 64.31% of the issued shares, will see its stake adjusted to 56.75% of the enlarged capital. The subscribers collectively will own approximately 11.76% of MemeStrategy’s total shares, with individual allocations reflecting their respective subscription amounts.