C FIN INT INV (00721) announced that on March 11, 2026, the company intends to issue approximately 2.194 billion subscription shares to Paradigm International Limited. The subscription price is set at approximately HK$0.04 per share, representing a discount of about 29.82% compared to the closing price of HK$0.057 per share on March 11, 2026. On the same day, the company entered into warrant subscription agreements with Paradigm International Limited, Mr. Huang Shiying, and Mr. Liu Yongxing. The company plans to issue approximately 1.6015 billion, 600 million, and 300 million warrants to the respective subscribers. The effective issue price for each warrant is HK$0.063, which is the sum of the issue price of HK$0.005 per warrant and the exercise price of HK$0.058 per warrant share. This represents a premium of approximately 10.53% over the closing price of HK$0.057 per share on the last trading day on the Stock Exchange. If all warrants are fully exercised, a maximum of approximately 2.5015 billion warrant shares will be issued. The total gross proceeds from the subscription are expected to be approximately HK$87.77 million. The net proceeds from the subscription are estimated to be approximately HK$87.27 million, or about HK$0.0398 per subscription share. The total gross proceeds from the warrant issuance will be approximately HK$12.51 million. The net proceeds from the warrant issuance are estimated to be approximately HK$11.51 million, with a net issue price of about HK$0.0046 per warrant. The combined net proceeds from the subscription and warrant issuance will total approximately HK$98.78 million. Assuming all warrants are fully exercised, the company will receive approximately HK$145 million in additional proceeds. The net proceeds will be used for the group's future investments in financial assets and virtual assets, as well as for general working capital purposes.
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