Summary by Moomoo AI
Capital Realm Group Limited announced on October 23, 2024 that the new share placement agreement originally scheduled to be conducted under general authorization has become void due to the conditions not being met. The share placement agreement was originally announced on October 2, 2024, but as the related conditions were not met by October 23, the agreement and its underlying share placement matters have been terminated, without any significant adverse impact on the company's business, operations, and financial condition. The board of directors stated that the company will consider future market conditions and development needs, may engage in further fundraising activities, and will make further announcements at the appropriate time. Shareholders and potential investors should act prudently.
