XXF Group completes placing of 154,687,500 shares at HK$0.98 each

PUBT·04/21/2026 13:50:50

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XXF Group completed private placement of 154,687,500 existing shares at HK$ 0.98 per share on April 14.
Company issued 154,687,500 top-up subscription shares to seller at HK$ 0.98 per share on April 21.
Net proceeds from top-up subscription totaled about HK$ 151 million.
Funds earmarked for vehicle acquisitions tied to core business, general working capital.
Total shares outstanding rose to 1,701,562,500 from 1,546,875,000.

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. XXF Group 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-20260421-12114514), on April 21, 2026, and is solely responsible for the information contained therein.

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