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Cocoon Holdings Completes Share Placement, Raises HK$2.9 Million

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Cocoon Holdings Completes Share Placement, Raises HK$2.9 Million

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Cocoon Holdings Limited ( (HK:0428) ) has provided an announcement.

Cocoon Holdings Limited has successfully completed the placement of 17,853,962 new shares under a general mandate, raising approximately HK$2.9 million. The shares were issued to at least six independent third-party investors, none of whom became substantial shareholders. The proceeds will be used as previously announced, and the company’s shareholding structure has been adjusted accordingly.

More about Cocoon Holdings Limited

Cocoon Holdings Limited is a company incorporated in the Cayman Islands and continued in Bermuda, operating with limited liability. It is listed on the Hong Kong Stock Exchange under the stock code 428.

Average Trading Volume: 671,360

Technical Sentiment Signal: Strong Sell

Current Market Cap: HK$18.75M

See more data about 0428 stock on TipRanks’ Stock Analysis page.

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