CMON (01792) Plans 16.67% Discount Placement of Up to 10.32 Million Shares to Raise Approximately HK$7.9 Million Net

Stock News01-19

CMON (01792) announced that on January 19, 2026, the company proposes to place up to 10.32 million placement shares, representing approximately 16.67% of the enlarged issued share capital following the allotment and issuance of all the placement shares. The placement price is set at HK$0.800 per share, representing a discount of approximately 16.67% to the closing price of HK$0.960 per share on January 19. Assuming all placement shares are successfully subscribed, the gross proceeds from the placement will amount to HK$8.256 million, while the estimated net proceeds are approximately HK$7.9 million. The company intends to allocate the entire net proceeds from the placement for general working capital purposes.

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