MINIMAX-W (HKEX: 00100) has announced the completion of a placement involving 35.6 million new Class A shares. The placement was finalized on July 14, 2026, with the shares priced at HK$268.00 each, raising net proceeds of approximately HK$9.444 billion.
Additionally, the company has completed the issuance of a HK$6.5 billion zero-coupon guaranteed convertible bond, which is set to mature in 2027. This bond issuance was settled on July 16, 2026, and generated net proceeds of around HK$6.433 billion.
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