Cool Link (Holdings) Ltd. Extends Timeline for Use of Rights Issue Proceeds, Plans Continued Search for Merger and Acquisition Opportunities in Food and Healthcare Sectors

Reuters2025-12-31

<a href="https://laohu8.com/S/08491">Cool Link</a> (Holdings) Ltd. Extends Timeline for Use of Rights Issue Proceeds, Plans Continued Search for Merger and Acquisition Opportunities in Food and Healthcare Sectors

Cool Link (Holdings) Ltd. has announced an extension to its expected timetable for the use of proceeds from its recent Rights Issue. The company initially planned to allocate approximately HK$30 million for potential mergers and acquisitions in the food and healthcare supplies and related services sectors by December 2025. Following the failure to complete an identified transaction, Cool Link (Holdings) Ltd. intends to continue exploring and evaluating new acquisition opportunities, with the identification and assessment of targets expected to take an additional six to nine months. The company now anticipates completing the use of the earmarked funds by the second half of 2026.

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. Cool Link (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-20251231-11972376), on December 31, 2025, and is solely responsible for the information contained therein.

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Extends Timeline for Use of Rights Issue Proceeds, Plans Continued Search for Merger and Acquisition Opportunities in Food and Healthcare Sectors\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        Cool Link (Holdings) Ltd. has announced an extension to its expected timetable for the use of proceeds from its recent Rights Issue. The company initially planned to allocate approximately HK$30 million for potential mergers and acquisitions in the food and healthcare supplies and related services sectors by December 2025. Following the failure to complete an identified transaction, Cool Link (Holdings) Ltd. intends to continue exploring and evaluating new acquisition opportunities, with the identification and assessment of targets expected to take an additional six to nine months. 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