MOG Digitech Share Placement Deal Falls Through

MOG Holdings Limited (HK:1942) has released an update.

MOG Digitech Holdings Limited announced the lapse of a planned placement of 155,230,000 new shares, as the Placing Agent was unable to secure potential investors. The agreement has expired without any conditions met, effectively nullifying all obligations and liabilities related to the placing. Shareholders and potential investors are cautioned to seek professional advice when dealing with the company’s shares.

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