EV Dynamics (Holdings) Ltd. has announced the completion of new share issuances to strengthen its financial position. The company finalized an equity fundraising under a specific mandate on 10 September 2025, raising net proceeds of approximately HK$26.8 million. In addition, a further placement of new shares under a general mandate was completed, generating net proceeds of about HK$15.4 million. These measures are part of the company’s ongoing efforts to address liquidity pressures and resolve the disclaimer of opinion issued by its auditor regarding the going concern assumption. The company is also actively engaging with potential investors for further placements to enhance its cashflow.
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. EV Dynamics (Holdings) Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20251230-11971018), on December 30, 2025, and is solely responsible for the information contained therein.