REGO INTERACT (02422) Plans to Place Up to 160M Shares at 19.44% Discount, Raising ~HK$68.6M Net

Stock News
Dec 23, 2025

REGO INTERACT (02422) announced on December 23, 2025, that it entered into a conditional placing agreement with Winbond Securities International (Hong Kong) Limited as the placing agent. Under the agreement, the agent will use reasonable efforts to procure at least six independent third-party placees to subscribe for up to 160 million new shares at HK$0.435 per share.

The placing price represents a 19.44% discount to the closing price of HK$0.54 per share on the agreement date. Assuming no change in issued share capital before completion, the maximum 160 million placing shares represent approximately 10.67% of the current issued share capital and 9.64% of the enlarged capital post-placement.

If fully subscribed, the gross proceeds will be approximately HK$69.6 million, with net proceeds estimated at HK$68.6 million (net price of HK$0.429 per share) after deducting commissions and related expenses.

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