Deep Source to Raise Capital via HK$0.69-per-Share Placement of 515 Million New Shares

An update from Theme International Holdings Limited ( (HK:0990) ) is now available.

Deep Source Holdings Limited has entered into subscription agreements with no fewer than six independent professional corporate and individual investors to issue 515 million new shares under its existing general mandate. The new shares, representing about 3.6% of current issued share capital and approximately 3.5% of the enlarged share base, will be priced at HK$0.69 each, a slight discount to recent market prices, and will be listed on the Hong Kong Stock Exchange subject to approval. As the transactions are structured under the general mandate, they do not require separate shareholder approval, allowing the company to raise equity capital efficiently and modestly dilute existing shareholders while strengthening its funding position, although completion remains conditional and may still be terminated under the terms of the agreements.

The most recent analyst rating on (HK:0990) stock is a Hold with a HK$1.00 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 on the Hong Kong Stock Exchange (Stock Code: 990). The announcement positions the company as a listed issuer seeking equity financing through share subscriptions with independent professional corporate and individual investors, indicating an ongoing focus on capital management and market-based funding rather than detailing any specific operating industry or core products and services.

Average Trading Volume: 34,259,473

Technical Sentiment Signal: Buy

Current Market Cap: HK$9.86B

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