CMON Ltd. Raises HK$9.8 Million Through Private Share Placement

Reuters
Feb 12
<a href="https://laohu8.com/S/02991">CMON</a> Ltd. Raises HK$9.8 Million Through Private Share Placement

CMON Ltd. announced the completion of a placement of new shares under a general mandate. The company successfully placed 10,320,000 new shares, representing approximately 16.67% of its enlarged issued share capital, to not less than six independent investors at a price of HK$0.9500 per share. The gross proceeds from the placement are approximately HK$9.8 million, with net proceeds of about HK$9.4 million after expenses. The funds raised are intended for general working capital, including marketing and event participation. None of the placees became a substantial shareholder as a result of this placement.

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. CMON 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-20260212-12023814), on February 12, 2026, and is solely responsible for the information contained therein.

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