DL Holdings completes share placing, raises HK$955.56m for strategic growth

DL Holdings Group Limited announced the completion of its placing of existing shares and top-up subscription of new shares on October 23, 2025. An aggregate of 255,213,000 placing shares were successfully placed to at least six independent third-party placees at a price of HK$3.05 per placing share. Following this, the company allotted and issued 255,213,000 top-up subscription shares to the sellers at the same price on November 3, 2025.

The net proceeds from the top-up subscription, after deducting all relevant fees and expenses, amounted to approximately HK$761.32 million. The overall net proceeds from the placing, top-up subscription, and subscription are estimated at approximately HK$955.56 million.

These proceeds will be primarily allocated to strategic growth areas: approximately 56.0% (HK$535.11 million) for Bitcoin mining and digital reserve operations, 24.0% (HK$229.33 million) for RWA product development and tokenisation, 10.0% (HK$95.56 million) for strategic and diversified investments, and 10.0% (HK$95.56 million) for general working capital.