Infinities Technology International Launches HK$51.4 Million Share Placement

Reuters

Mar 04

Infinities Technology International Launches HK$51.4 Million Share Placement

Infinities Technology International (Cayman) Holding Ltd. said it has entered into a placing agreement with Pinestone Securities to issue up to 146,860,234 new shares at HK$0.35 each under its general mandate, on a best-efforts basis to at least six independent placees. If fully placed, the deal would raise about HK$51.4 million gross and HK$50.8 million net, with proceeds earmarked for working capital, R&D for gaming and AI products, and expanding its gaming and advertising platform operations. Completion is subject to Stock Exchange listing approval and other conditions, with a long stop date of 25 March 2026.

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. Infinities Technology International (Cayman) Holding 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-20260304-12041301), on March 04, 2026, and is solely responsible for the information contained therein.

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Completion is subject to Stock Exchange listing approval and other conditions, with a long stop date of 25 March 2026.\n      \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. Infinities Technology International (Cayman) Holding 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. 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