tiprankstipranks
Trending News
More News >

Forgame Holdings Completes Successful Share Placement

Story Highlights
Forgame Holdings Completes Successful Share Placement

Confident Investing Starts Here:

The latest announcement is out from Forgame Holdings Ltd. ( (HK:0484) ).

Forgame Holdings Ltd. has successfully completed the placement of 25 million new shares, raising approximately HK$14.90 million in net proceeds. The funds will be used to upgrade their facilities for Smart Cloud AI operations and for general working capital, impacting the company’s shareholding structure and enhancing its operational capabilities.

More about Forgame Holdings Ltd.

Forgame Holdings Ltd. is a company incorporated in the Cayman Islands, primarily involved in the development and maintenance of Smart Cloud AI infrastructure, including hardware and software components. The company focuses on upgrading its facilities to support AI operations and general administrative functions.

YTD Price Performance: -29.00%

Average Trading Volume: 35

Technical Sentiment Signal: Buy

Current Market Cap: €11.03M

Learn more about 0484 stock on TipRanks’ Stock Analysis page.

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.

Report an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1