Wealthink AI-Innovation Capital raises HK$261.5m in share subscription
Wealthink AI-Innovation Capital Limited announced the completion of its subscription for new shares under a general mandate on November 20, 2025. This transaction involved the allotment and issue of 1,136,955,997 new shares at approximately HK$0.23 per share, representing about 9.75% of the company's enlarged issued share capital.
The gross proceeds from the subscription are approximately HK$261.50 million, with net proceeds estimated at HK$261.40 million. The company plans to allocate these funds towards its investment strategies, with approximately HK$165.00 million (63.12%) designated for listed equity and fund investments, and HK$55.00 million (21.04%) for core-holding-centered unlisted equity investments.
Additionally, approximately HK$41.40 million (15.84%) of the net proceeds will be used for the group's general working capital, covering operational costs, staff expenses, rental, professional fees, and other office overhead. This capital infusion is expected to enable the company to expand its investment portfolio efficiently and capitalize on evolving investment sentiments.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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