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BYTE META (08645.HK) plans to sell up to 40 million shares at a discount of approximately 19.61%, raising a net amount of 16 million Hong Kong dollars.
On March 12, Gelonghui reported that BYTE META (08645.HK) announced that on March 12, 2025, the company entered into a placement agreement with the placing agent, pursuant to which the placing agent (as the company's agent) conditionally agreed to use its best endeavors to procure not fewer than six expected subscribers (they and their ultimate beneficial owners will be independent third parties) to subscribe for a maximum of 40 million placement shares at a price of HKD 0.41 per placement share. The maximum placement shares account for approximately 5.56% of the company's existing issued share capital as of the date of this announcement; the placement price of HKD 0.41 per share is lower than the share price on the date of the placement agreement.
Express News | Byte Metaverse - to Place up to 40 Million Placing Shares at HK$0.41 per Share
BYTE META: INTERIM REPORT 2024/2025
BYTE META: INTERIM RESULTS ANNOUNCEMENTFOR THE SIX MONTHS ENDED 31 DECEMBER 2024
BYTE META (08645) issues a profit warning, expecting a mid-term net loss to narrow year-on-year to no more than 7.5 million Hong Kong dollars.
BYTE META (08645) announced that the group expects to achieve... for the six months ending December 31, 2024.
Express News | Byte Metaverse Sees Net Loss of No More Than HK$7.5 Mln for Six Months
Investors Still Aren't Entirely Convinced By Michong Metaverse (China) Holdings Group Limited's (HKG:8645) Revenues Despite 38% Price Jump
