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Kidztech Holdings Ltd. ( (HK:6918) ) has provided an update.
Kidztech Holdings Limited, a company incorporated in the Cayman Islands, has successfully completed the placement of 124,912,800 new shares under a general mandate. This placement, which represents 20% of the issued share capital, raised approximately HK$16.1 million in net proceeds. The funds will be used primarily for debt repayment and general working capital, with the expectation that the proceeds will be fully utilized by the end of 2025.
The most recent analyst rating on (HK:6918) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Kidztech Holdings Ltd. stock, see the HK:6918 Stock Forecast page.
More about Kidztech Holdings Ltd.
Average Trading Volume: 8,006,903
Technical Sentiment Signal: Hold
Current Market Cap: HK$115.5M
For detailed information about 6918 stock, go to TipRanks’ Stock Analysis page.