According to the latest information from the Hong Kong Stock Exchange, on January 21, a shareholder of DATA UNION CAP (08375) deposited shares with YALIDUO Securities, with a deposited market value of HK$126 million, accounting for 20% of the holdings.
DATA UNION CAP announced that all the conditions precedent under the placement agreement had been fulfilled, and the placement was completed on January 21, 2026 (after trading hours on the Stock Exchange) in accordance with the terms and conditions of the placement agreement.
The placing agent successfully placed 57.6 million placement shares to no fewer than six placees at the placement price of HK$0.99 per share, representing approximately 16.67% of the company's issued share capital as enlarged by the allotment and issue of the placement shares.
The net proceeds from the placement amounted to approximately HK$55.4 million.
The net proceeds were reduced from the approximately HK$55.78 million disclosed in the announcement to approximately HK$55.4 million, primarily due to an increase in professional fees incurred for regulatory compliance requirements related to the placement.