ADTIGER CORP (01163) plans to offer a discount of approximately 10.89% for the rights issue, with a maximum net raise of approximately 1312.15 million Hong Kong dollars.

ADTIGER CORP (01163) announced that on January 10, 2025, the company plans to issue up to 149.4 million shares of new shares, representing approximately 16.7% of the enlarged issued share capital after the issuance. The issue price for the new shares is HK$0.09 per share, at a discount of approximately 10.89% compared to the closing price of HK$0.101 per share on January 10. Assuming all new shares are fully subscribed, the total proceeds from the issue will be HK$13.446 million, with an estimated net proceeds of approximately HK$13.1215 million. The directors intend to use the net proceeds to enhance and improve the group's AdTensor platform services and for general working capital purposes.