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Weimob ( (HK:2013) ) has shared an announcement.
Weimob Inc. has entered into second supplemental agreements with its strategic subscriber and placing agents to extend the long stop date for completing the remaining tranches of a share subscription from 17 January 2026 to 12 April 2026, mainly due to the subscriber’s internal funding allocation issues. The company has already received approximately HK$777.29 million from the first tranches and believes that, together with internal resources, this is sufficient to cover its short-term funding needs while it continues to pursue long-term initiatives in AI, R&D and targeted marketing; management maintains that the extension will not materially affect its current operations or financial condition and will help preserve an orderly completion of the transaction and a long-term strategic relationship with the subscriber.
The most recent analyst rating on (HK:2013) stock is a Hold with a HK$2.50 price target. To see the full list of analyst forecasts on Weimob stock, see the HK:2013 Stock Forecast page.
More about Weimob
Weimob Inc. is a Hong Kong–listed company that provides digital marketing and technology solutions, with a focus on targeted marketing services and investments in artificial intelligence and research and development to support its long-term strategic growth.
Average Trading Volume: 62,762,241
Technical Sentiment Signal: Buy
Current Market Cap: HK$9.58B
For an in-depth examination of 2013 stock, go to TipRanks’ Overview page.