Cornerstone Technologies Holdings Ltd. Announces Private Placement of New Shares Under General Mandate

Reuters

Oct 02

Cornerstone Technologies Holdings Ltd. Announces Private Placement of New Shares Under General Mandate

Cornerstone Technologies Holdings Ltd. has announced a private placement of new shares under a general mandate. The company has entered into a placing agreement with VBG Capital Limited as the placing agent, who will place up to 127,000,000 new shares on a best effort basis to not fewer than six independent investors, including individual, institutional, or professional investors. The company stated that none of the placees are expected to become substantial shareholders as a result of the placement. The completion of the transaction is subject to the fulfillment of certain conditions precedent, and shareholders and potential investors are advised to exercise caution when dealing in the company's shares.

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. Cornerstone Technologies Holdings Ltd. published the original content used to generate this news brief on October 02, 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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Announces Private Placement of 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      Cornerstone Technologies Holdings Ltd. Announces Private Placement of 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        Cornerstone Technologies Holdings Ltd. has announced a private placement of new shares under a general mandate. The company has entered into a placing agreement with VBG <a href=\"https://laohu8.com/S/CAPFF\">Capital Limited</a> as the placing agent, who will place up to 127,000,000 new shares on a best effort basis to not fewer than six independent investors, including individual, institutional, or professional investors. 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