Momentum Financial plans share placement of up to 104,274,000 shares at HK$ 0.2 each

PUBT·05/25/2026 22:06:52

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Momentum Financial Holdings set a best-efforts placing of up to 104,274,000 new shares at HK$ 0.2 each.
Deal size: gross proceeds about HK$ 20.9 million; net proceeds about HK$ 20.5 million.
Placement price implies a 20% discount to the HK$ 0.25 close on May 22.
New shares equal about 3.14% of existing share capital; about 3.04% on an enlarged basis.
Proceeds earmarked for cross-border e-commerce, AI and Web3 e-wallet development, and general working capital.

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 regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260526-12169927), on May 25, 2026, and is solely responsible for the information contained therein.

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