IDT International Extends Long Stop Date for Share Placing

Reuters03-08

IDT International Extends Long Stop Date for Share Placing

IDT International Limited said it has extended the long stop date for its placing of new shares under a general mandate, after agreeing with the placing agent to move the deadline from March 6, 2026 to March 13, 2026 to allow more time to secure investors. The company said the placing could raise gross proceeds of about HK$162.93 million, with net proceeds estimated at about HK$160.70 million, to fund an IoT, cloud and AI data infrastructure initiative and to bolster general working capital.

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. IDT International Limited 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-20260308-12044878), on March 08, 2026, and is solely responsible for the information contained therein.

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