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The latest update is out from Virtual Mind Holding Company Limited ( (HK:1520) ).
Virtual Mind Holding Company Limited has entered into a Share Subscription Facility Agreement with an investor, allowing the company to require the investor to subscribe to shares up to HK$225,000,000. Additionally, the company will issue warrants for up to 31,000,000 shares at an exercise price of HK$1.97 per share. The proceeds from these transactions will be used to fund the company’s AI and Web3 business developments, enhancing its capital base and supporting future growth.
The most recent analyst rating on (HK:1520) stock is a Hold with a HK$1.50 price target. To see the full list of analyst forecasts on Virtual Mind Holding Company Limited stock, see the HK:1520 Stock Forecast page.
More about Virtual Mind Holding Company Limited
Average Trading Volume: 11,062,338
Technical Sentiment Signal: Buy
Current Market Cap: HK$1.53B
Learn more about 1520 stock on TipRanks’ Stock Analysis page.