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OSL Group plans to issue shares to raise approximately HK $2.355 billion for strategic acquisitions, stablecoin business, etc

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2025-07-25 00:16:06
On the morning of July 25, OSL Group (09618.HK) announced on the Hong Kong Stock Exchange that on July 25, 2025 (before the trading session), the Company had entered into the Placing and Subscription Agreement, the General Mandate Subscription Agreement and the Special Mandate Subscription Agreement. The total proceeds from the proposed transactions under these agreements are estimated to be approximately HK $2.35503 billion, and the net proceeds are estimated to be approximately HK $2.3361 billion. The allotment price is HK $14.90 per allotment share, which is approximately 15.34% discount to the closing price of the shares quoted on the Stock Exchange on the last trading day. (Gold Ten)
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