Gaodi Holdings Ltd completes private placement of new shares under general mandate

Reuters10-09

Gaodi Holdings Ltd completes private placement of new shares under general mandate

Gaodi Holdings Ltd. has announced the completion of a placing of 30,802,000 new shares under its general mandate. The shares were placed to at least six independent third-party investors at a price of HK$0.43 per share, raising gross proceeds of approximately HK$13.24 million. Following the placement, the total issued share capital of the company increased to 219,246,857 shares. The net proceeds of about HK$12.94 million will be used primarily to support the Group's existing food business (50%), its food and beverage business (40%), and for general working capital (10%). None of the placees became a substantial shareholder as a result of 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. Gaodi Holdings Ltd. published the original content used to generate this news brief on October 09, 2025, and is solely responsible for the information contained therein.

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