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ArtGo Holdings Ltd. ( (HK:3313) ) just unveiled an announcement.
ArtGo Holdings Ltd. announced a share placement agreement with Kingkey Securities Group Limited to issue up to 237,010,000 new shares at HK$0.106 each, representing a 19.70% discount to the current share price. The placement aims to raise approximately HK$25.12 million in gross proceeds, with net proceeds expected to be around HK$24.77 million, potentially impacting the company’s capital structure and market positioning.
The most recent analyst rating on (HK:3313) stock is a Sell with a HK$0.13 price target. To see the full list of analyst forecasts on ArtGo Holdings Ltd. stock, see the HK:3313 Stock Forecast page.
More about ArtGo Holdings Ltd.
ArtGo Holdings Ltd. is a company incorporated in the Cayman Islands, primarily engaged in the industry of placing new shares under a general mandate.
Average Trading Volume: 406,431
Technical Sentiment Signal: Strong Sell
Current Market Cap: HK$156.4M
See more data about 3313 stock on TipRanks’ Stock Analysis page.