International Genius Company (HK:0033) has released an update.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
International Genius Company has entered into a Subscription Agreement to issue up to 110 million new shares at HK$2.75 each, potentially raising approximately HK$302 million. These funds are earmarked for the company’s strategic development and operational needs. Upon completion, the subscriber will hold about 16.46% of the enlarged share capital, becoming a substantial shareholder.
For further insights into HK:0033 stock, check out TipRanks’ Stock Analysis page.