imperium tec gp (00776) announced that on October 2, 2024, the company plans to allocate a maximum of 6220...
The Financial APP reports that imperium tec gp (00776) announced that on October 2, 2024, the company plans to allocate up to 62.2072 million shares, accounting for approximately 16.67% of the expanded share capital of the company already issued through issuance and distribution. The subscription price of HK$1.79 per share is about 17.13% lower than the closing price of HK$2.16 per share on October 2.
Assuming all allotted shares are subscribed, the total amount raised from the subscription is expected to be approximately HK$0.111 billion. The estimated net amount from the subscription is about HK$0.1097 billion. The company plans to use approximately HK$99.737 million of the net proceeds from the subscription to repay the company's outstanding loans, and around HK$10 million for the group's general operating funds.