Stock Track | INKEVERSE Soars 11.97% Intraday on Proposed Placement to Fund GPU Acquisition and AI Strategy

Stock Track05-29

INKEVERSE's stock price soared 11.97% during intraday trading on Friday, reflecting strong positive investor sentiment.

The surge follows the company's announcement of a proposed placement of 387.5 million shares, aiming to raise net proceeds of approximately HK$328 million. According to the company, about 75% of the funds are earmarked for the acquisition of high-performance GPUs to establish and expand the group's GPU computing infrastructure. The remaining 25% is intended for general working capital and administrative expenses.

This capital raise supports INKEVERSE's stated dual-engine strategy focused on technological innovation and globalization. The company aims to systematically implement artificial intelligence across its business to enhance product interaction and content production, with plans for 2026 to advance AI-driven restructuring of its social entertainment product scenarios.

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