WEALTHINK AI plans to issue 1.137 billion shares at a discount of approximately 2.95%, raising about HKD 261.4 million
WEALTHINK AI plans to issue 1.137 billion shares to 7 subscribers on October 30, 2025, at an issue price of HKD 0.23 per share, representing a discount of approximately 2.95% to the closing price. This subscription is expected to raise approximately HKD 261.5 million, with a net raise of about HKD 261.4 million. The funds raised will be used for listed equity investments and fund investments (approximately 63.12%) and non-listed equity investments (approximately 21.04%)
According to the announcement from Huake Intelligent Investment (01140), on October 30, 2025, the company plans to allocate and issue a total of 1.137 billion subscription shares to 7 subscribers, which is approximately 9.75% of the company's issued share capital after the allocation and issuance of subscription shares. The subscription price for each subscription share is HKD 0.23, representing a discount of about 2.95% compared to the closing price of HKD 0.237 per share on October 30. The total amount raised through the subscription will be approximately HKD 261.5 million, with a net amount of approximately HKD 261.4 million. The company intends to use the proceeds as follows: approximately 63.12% of the net proceeds from the subscription will be used for listed equity investments and fund investments (focusing on listed equities); and approximately 21.04% of the net proceeds will be used for non-listed equity investments centered around core holdings
