Crypto Flow Technology Ltd. has announced the completion of a placing of new shares under a general mandate. The gross proceeds from the placing amounted to HK$99.5 million, with net proceeds of approximately HK$99.2 million after deducting related expenses. The funds raised will be allocated to technical development and platform expansion of ChainStream (about 50%), post-acquisition integration support (about 25%), enhancement of research and development capabilities (about 4%), and general working capital (about 21%). All placees and their ultimate beneficial owners are independent third parties, and none have become substantial shareholders following the completion of the placing.
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 November 11, 2025, and is solely responsible for the information contained therein.
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