International Business Digital Tech completes HK$39.5m share placement

International Business Digital Technology Limited (HKEX:1782) announced the completion of its share placement on April 9, 2025, issuing 10,000,000 new shares. The placement, executed under a general mandate, represents approximately 1.31% of the existing share capital. The placing price was HK$3.95 per share. The net proceeds, after deductions, amount to approximately HK$38.97 million. VIXTEL TECH intends to allocate 84.7% to investment in digital technologies, including Central Bank Digital Currency and AI, to expand its business segments, with the remainder allocated for general working capital. The company confirmed that placees are Independent Third Parties.