Artgo Holdings Raises HK$25.12 Million Through Share Placement

Reuters2025-12-24
Artgo Holdings Raises HK$25.12 Million Through Share Placement

Artgo Holdings Ltd. has announced the completion of a placing of new shares under a general mandate. The company successfully placed a total of 237,010,000 new shares at a price of HK$0.106 per share to not less than six independent placees. The newly placed shares represent approximately 16.67% of the company’s issued share capital immediately after completion. The proceeds from the placing are intended to be used primarily for the repayment of the group’s current debts and interests, as well as for general working capital. Following the placement, the total number of shares in issue increased from 1,185,094,625 to 1,422,104,625.

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-20251224-11967380), on December 24, 2025, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment