Flowing Cloud Technology Ltd. Completes Placing of 361 Million New Shares Under General Mandate

Reuters

May 19, 2025

Flowing Cloud Technology Ltd. Completes Placing of 361 Million New Shares Under General Mandate

Flowing Cloud Technology Ltd. has successfully completed the placement of new shares under a general mandate. A total of 361,000,000 new shares were placed with no fewer than six independent third-party placees at a price of HK$0.201 per share. The placing was conducted in accordance with the terms set out in the Placing Agreement. As a result, the total number of issued shares has increased, with the new total being 2,167,146,000 shares. This placement does not result in any of the placees becoming substantial shareholders of the company.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Flowing Cloud Technology Ltd. published the original content used to generate this news brief on May 19, 2025, and is solely responsible for the information contained therein.

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.

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Completes Placing of 361 Million New Shares Under General Mandate","media":"Reuters","content":"<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      Flowing Cloud Technology Ltd. Completes Placing of 361 Million New Shares Under General Mandate\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        Flowing Cloud Technology Ltd. has successfully completed the placement of new shares under a general mandate. A total of 361,000,000 new shares were placed with no fewer than six independent third-party placees at a price of HK$0.201 per share. The placing was conducted in accordance with the terms set out in the Placing Agreement. As a result, the total number of issued shares has increased, with the new total being 2,167,146,000 shares. 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Completes Placing of 361 Million New Shares Under General Mandate\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2025-05-19 19:21</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      Flowing Cloud Technology Ltd. Completes Placing of 361 Million New Shares Under General Mandate\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        Flowing Cloud Technology Ltd. has successfully completed the placement of new shares under a general mandate. A total of 361,000,000 new shares were placed with no fewer than six independent third-party placees at a price of HK$0.201 per share. The placing was conducted in accordance with the terms set out in the Placing Agreement. As a result, the total number of issued shares has increased, with the new total being 2,167,146,000 shares. 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As a result, the total number of issued shares has increased, with the new total being 2,167,146,000 shares. This placement does not result in any of the placees becoming substantial shareholders of the company.\n      \n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Flowing Cloud Technology Ltd. published the original content used to generate this news brief on May 19, 2025, and is solely responsible for the information contained therein.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"shareholding","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}