Inkeverse Group to Issue 387.49M New Shares at HK$0.85

Author: Fatma Selimoğlu

Inkeverse Group to Issue 387.49 Million New Shares

Inkeverse Group Ltd (HKEX:3700) announced the issuance of 387.49 million new shares at HK$0.85 per share. The move is part of the company's plan to acquire GPUs and enhance its computing infrastructure.

Details of the Share Offering

The company expects gross proceeds of HK$329.37 million and net proceeds of HK$328.47 million from the share issuance. The net proceeds will be used for GPU acquisition and computing infrastructure development.

Significance for Investors

This new share issuance underscores Inkeverse Group's growth strategy and commitment to technology investments. The offering at HK$0.85 per share may present a significant opportunity for investors under current market conditions.

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