XtalPi Holdings Raises HK$1.13 Billion via Share Placement

MT Newswires Live

2025/01/29

XtalPi Holdings (HKG:2228) raised HK$1.13 billion by placing up to 264 million shares to at least six subscribers at HK$4.28 apiece, a Friday Hong Kong bourse filing said.

The shares to be placed represent about 7.18% of the enlarged issued share capital of the company.

The company plans to use the net proceeds of HK$1.13 billion for improvement in the company's capabilities and for potential investment opportunities.

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