Artgo Holdings Announces HK$0.106 Per Share Private Placement of 237 Million New Shares

Reuters12-05
Artgo Holdings Announces HK$0.106 Per Share Private Placement of 237 Million New Shares

Artgo Holdings Ltd. has announced a placing of up to 237,010,000 new shares under its general mandate. The company entered into a conditional placing agreement with Kingkey Securities Group Limited on December 5, 2025, after trading hours. The new shares will be issued at a placing price of HK$0.106 per share to professional, institutional, or other investors who are independent third parties. Completion of the placing is expected within five business days following fulfillment of the agreement's conditions, and no later than December 24, 2025, unless otherwise agreed. The proceeds from the placement are expected to support the company's business operations.

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. Artgo Holdings Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20251205-11946834), on December 05, 2025, and is solely responsible for the information contained therein.
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