TradeGo FinTech Ltd. has successfully completed a private placement under a general mandate, issuing 80 million shares at HK$0.63 each. This placement, facilitated by a sole placing agent, raised net proceeds of approximately HK$49.63 million. The funds will be used to develop the DeepTrade real-time trading engine, build the TradeSeek AI interaction system, upgrade the LiveReport big data product, and enhance the grey market trading system. The placement shares represent 11.76% of the company's enlarged total shares. All placees are independent third parties, and none have become substantial shareholders.
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