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InvesTech to place up to 39,977,600 shares at HKD 0.67 each

PUBT·05/13/2026 11:58:09
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InvesTech to place up to 39,977,600 shares at HKD 0.67 each
  • InvesTech Holdings signed placing agreement on May 13, 2026 to sell up to 39,977,600 new shares at HKD 0.67 each via placing agent, targeting at least six independent placees.
  • Deal size equals 20% of existing issued share capital, implying gross proceeds of about HKD 26.8 million.
  • Net proceeds estimated at about HKD 25.8 million, with 90% earmarked to repay outstanding promissory notes plus bank and other borrowings, remainder for general working capital.
  • Placing price represents 15.19% discount to May 13 close of HKD 0.79, 18.29% discount to five-day average close of about HKD 0.82.
  • Completion hinges on Stock Exchange approval for listing and trading of placing shares, with completion set for third business day after conditions are met.


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. InvesTech 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-20260513-12157972), on May 13, 2026, and is solely responsible for the information contained therein.

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