OSL Announcement: Crown Reseach, controlled by Liu Shuai, Subscribes Over 700 million HKD Additional Shares
2025-09-09 10:55:22
On September 9th, the Hong Kong digital asset exchange OSL announced that Crown Research, wholly owned by Liu Shuai, signed a subscription agreement with OSL to subscribe for up to 47,518,000 new shares of OSL at HK $14.90 per share, with a total proceeds of more than HK $700 million. After the subscription is completed, Crown Research will hold 29.951% of OSL's shares. OSL also said that 50% of the proceeds will be used for strategic acquisitions.
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