GOGOX Holdings Ltd. Extends Timeline for Utilisation of IPO Proceeds to 2026, Plans Investment in Overseas Strategic Alliances, New Services, Technology Upgrades, and Brand Expansion
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GOGOX Holdings Ltd. has extended the timeline for utilizing its IPO proceeds from December 31, 2025, to December 31, 2026. The funds will be used to expand its user base, enhance brand awareness, develop new services, pursue strategic alliances, and invest in technology upgrades. The board believes this change aligns with the company's long-term strategy and market conditions, with no expected adverse effects on current operations.
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