Infinities Technology Seeks HK$51 Million via Stock Offering

MT Newswires Live
Mar 05

Infinities Technology International (HKG:1961) is seeking to raise HK$51.4 million via a stock offering, according to a Hong Kong bourse filing Wednesday.

The firm is seeking investors for 146.9 million shares priced at HK$0.35 each to raise funds for general working capital and to advance its gaming and artificial intelligence products.

The shares represent around 20% of the company's issued share capital and 16.67% as enlarged by the sale.

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.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10