MARKETINGFORCE (02556) completed the placement of 1 million shares and raised approximately HK$109.5 million.

MARKETINGFORCE (02556) announced that all conditions under the placing agreement have been met, and the placing was completed on December 27, 2024. A total of 1 million shares were successfully placed at the placing price of HK$110.00 per share to not less than six placees, raising net proceeds of approximately HK$109.5 million. Approximately 70% of the proceeds will be used for the research and development of AI large model technology in the marketing and sales fields, including training Tforce large models in the marketing field, building an intelligent body central platform, and commercializing the intelligent body in various scenarios; approximately 30% will be used for supplementary working capital and general corporate purposes.