MODERN INNO DT (02322) announced that on November 17, 2025 (after trading hours on the Stock Exchange), the company entered into a placement agreement with a placing agent. The agreement involves issuing up to 300 million placement shares at HK$0.10 per share, representing a discount of approximately 16.67% compared to the closing price of HK$0.12 per share on the Stock Exchange on the agreement date.
Assuming full subscription of all placement shares, the net proceeds are expected to be around HK$29.3 million, which will be used for the group's general working capital purposes.
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