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Deep Source Raises HK$355.3 Million Through New Share Subscription

Story Highlights
  • Deep Source completed a 515 million-share subscription, raising HK$355.3 million.
  • The deal modestly diluted existing stakes while preserving majority control and boosting capital.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Deep Source Raises HK$355.3 Million Through New Share Subscription

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Theme International Holdings Limited ( (HK:0990) ) just unveiled an announcement.

Deep Source Holdings Limited has completed a subscription of 515 million new shares under its general mandate, raising net proceeds of approximately HK$355.3 million. The new shares were allotted to independent third-party subscribers on 13 February 2026, without any subscriber becoming a substantial shareholder as a result of the transaction.

Following the share issue, the company’s total issued share capital increased to about 14.8 billion shares, with controlling shareholder You Zhenhua’s stake diluted from 60.8% to 58.7% and public shareholders’ stake reduced slightly. The enlarged capital base strengthens the company’s funding position while maintaining majority control with the existing core shareholder, which may support future strategic or operational initiatives.

The most recent analyst rating on (HK:0990) stock is a Hold with a HK$0.77 price target. To see the full list of analyst forecasts on Theme International Holdings Limited stock, see the HK:0990 Stock Forecast page.

More about Theme International Holdings Limited

Deep Source Holdings Limited, formerly known as Theme International Holdings Limited, is a Bermuda-incorporated company listed in Hong Kong under stock code 990. Its shareholder base is led by controlling shareholder You Zhenhua, who holds a majority stake through Wide Bridge Limited, with the remaining shares held by public investors and smaller subscribers.

Average Trading Volume: 33,790,876

Technical Sentiment Signal: Strong Buy

Current Market Cap: HK$12.57B

See more insights into 0990 stock on TipRanks’ Stock Analysis page.

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