POLY XVERSE IT expands share base by 20% via HKD 0.36 placement, lifting issued shares to 178.28 million

Bulletin Express10-23

Poly Xverse Intelligent Technology Co. Ltd (POLY XVERSE IT) has increased its issued ordinary share capital by 29.71 million shares through a placement executed on 23 October 2026 under its existing general mandate. The new shares were allotted at HKD 0.36 each, implying gross proceeds of approximately HKD 10.70 million.

Following the transaction, the company’s outstanding share count rose 20.00%, moving from 148.57 million to 178.28 million shares. No treasury shares were created, redeemed or cancelled in the process, and the company reported zero treasury share balance both before and after the event.

The board confirmed that the placement complied with all relevant requirements of the Hong Kong Stock Exchange Main Board Listing Rules, and that proceeds have been fully received.

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