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Wanka Online, Inc. ( (HK:1762) ) has shared an update.
Wanka Online, Inc. has entered into a Placing Agreement with Guoyuan Securities Brokerage to issue up to 300 million new shares at HK$0.177 each, representing about 19.66% of its current share capital. The proceeds, estimated at HK$52.83 million after expenses, will be allocated primarily to AI application development, overseas business expansion, and working capital, potentially enhancing the company’s market position and operational capabilities.
More about Wanka Online, Inc.
Wanka Online, Inc. is a company incorporated in the Cayman Islands, focusing on the development of applications for artificial intelligence and expanding its business operations overseas.
YTD Price Performance: 22.04%
Average Trading Volume: 1,525,947
Technical Sentiment Consensus Rating: Sell
Current Market Cap: HK$332.2M
See more insights into 1762 stock on TipRanks’ Stock Analysis page.