Crypto Flow Technology Ltd. has announced a placing of new shares under a general mandate through a supplemental agreement with its placing agent. The company expects to raise net proceeds of approximately HK$99.2 million, with the net issue price estimated at about HK$3.10 per placing share. The funds will be allocated as follows: around 50% for the technical development and platform expansion of ChainStream, about 25% for post-acquisition integration support, approximately 4% for enhancing research and development capabilities, and roughly 21% for general working capital. The completion of the placing is subject to certain conditions, and there is no guarantee that it will proceed. Shareholders and potential investors are advised to exercise caution when dealing in the company's shares.
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. Crypto Flow Technology Ltd. published the original content used to generate this news brief on October 13, 2025, and is solely responsible for the information contained therein.
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