Hong Kong-listed company DL Holdings plans to raise approximately $83 million to expand its blockchain business
According to ChainCatcher, Hong Kong-listed financial group DL Holdings has announced a fundraising of HKD 653.3 million (approximately USD 83.2 million) through a share placement, with a focus on investing in the blockchain and crypto asset sectors. Key areas include RWA tokenization (30%), Bitcoin mining (15%), and digital asset license applications (7%).
The placement price of HKD 2.95 per share represents a discount of about 4% compared to the market price on the announcement date. Following the news, the stock price dropped by 8.4% on the same day. The placement shares account for 13.58% of the issued share capital, and upon completion, the major shareholder’s stake will be diluted to 11.96%.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
The Secretary of the National Security and Defense Council of Ukraine and his team have departed for the United States.
Shanghai's fintech industry scale in 2024 is approximately 440.5 billions yuan.
A certain whale shorted 5,000 ETH with 5x leverage, worth approximately $15.02 million.
Froggie market cap is now $8.18 million, with a 24-hour increase of 37.09%.
