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GoFintech Innovation Limited ( (HK:0290) ) has provided an announcement.
GoFintech Quantum Innovation Limited announced the lapse of its previous subscription agreements for new shares under a general mandate due to unfulfilled conditions and current market conditions. Subsequently, the company entered into new subscription agreements with eleven subscribers to issue 745,168,534 new shares at a discounted price, representing approximately 7.57% of the enlarged share capital. This move is expected to raise gross proceeds of approximately HK$1,326.40 million, enhancing the company’s financial position and market operations.
The most recent analyst rating on (HK:0290) stock is a Hold with a HK$1.50 price target. To see the full list of analyst forecasts on GoFintech Innovation Limited stock, see the HK:0290 Stock Forecast page.
More about GoFintech Innovation Limited
GoFintech Quantum Innovation Limited, formerly known as GoFintech Innovation Limited, is incorporated in the Cayman Islands and operates in the financial technology sector. The company focuses on innovative financial solutions and services, with a market presence indicated by its listing on the Hong Kong Stock Exchange under the stock code 290.
Average Trading Volume: 6,515,583
Technical Sentiment Signal: Buy
Current Market Cap: HK$18.56B
See more data about 0290 stock on TipRanks’ Stock Analysis page.