Imperium Financial Group Announces Upsized Private Placement of New Shares at Revised Price of HK$0.540

Reuters2025-09-29
Imperium Financial Group Announces Upsized Private Placement of New Shares at Revised Price of HK$0.540

**Imperium Financial Group Limited Announces Updated Terms for Share Placement** Imperium Financial Group Limited (Stock Code: 8029) has announced a revised agreement regarding its ongoing placement of new shares under a general mandate. Following further negotiations, the company and its placing agent have amended the placing price from HK$0.388 to HK$0.540 per share, reflecting recent increases in the market price of the company's shares. The net proceeds from the placement are intended to cover approximately HK$1.5 million in rental expenses, about HK$7.2 million in salaries, and around HK$2.8 million for audit, valuation, legal, and printing fees for the next financial year. The company estimates that these proceeds will be fully utilized by June 2026. The board of Imperium Financial Group Limited, chaired by Cheng Ting Kong, confirms that all information provided is accurate and complete to the best of its knowledge.

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