Momentum Financial subscribes for 2% stake in PayCools Cayman for USD 3 million

PUBT·04/27/2026 13:42:04

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Momentum Financial entered agreement on April 27, 2026 to subscribe for 2% of PayCools Cayman via 250,400 new Series A+ Preferred Shares.
Consideration set at USD 3 million, to be settled through issuance of 92,126,000 new Momentum shares at HKD 0.25 each under general mandate.
Issuance represents 2.77% of shares outstanding, falling to 2.7% on enlarged share capital.
Transaction classified as share transaction under Hong Kong Listing Rules, with all applicable percentage ratios below 5%.
Completion expected within 10 business days after conditions are satisfied or waived.

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. Momentum Financial 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-20260427-12126430), on April 27, 2026, and is solely responsible for the information contained therein.

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