MOG Digitech Holdings Completes Placement of 228.71 Million New Shares, Raising HK$107.45 Million for Tech Investments

Reuters2025-07-22

MOG Digitech Holdings Completes Placement of 228.71 Million New Shares, Raising HK$107.45 Million for Tech Investments

MOG Digitech Holdings Ltd. has successfully completed a private placement, issuing 228,710,000 new shares under a general mandate. The shares were placed by Waton Securities International Limited at a price of HK$0.475 per share, representing approximately 16.67% of the enlarged total issued share capital of the company. The completion of this placement results in net proceeds of roughly HK$107.45 million. These shares rank equally with existing shares, and the placing was conducted independently, ensuring no new substantial shareholders emerged from the transaction.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. MOG Digitech Holdings Ltd. published the original content used to generate this news brief on July 22, 2025, and is solely responsible for the information contained therein.

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