Bityuan Universe completed the allotment of new shares, with net proceeds of HK$14.6 million intended to apply for a virtual asset trading platform license
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2025-03-27 13:02 7,525
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According to the Hong Kong Stock Exchange documents, Hong Kong-listed company Bityuan Universe announced that it had completed the allotment of new shares under general authorization. The conditions contained in the allotment agreement were reached on March 26, with a total of 36,504,000 allotment shares, sold to no less than six placers at HK$0.41 per share of the allotment share. The net proceeds from the allotment are approximately HK$14.6 million. This funds will be used to apply for the relevant license required to operate the virtual asset trading platform.