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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.