IB SETTLEMENT (00147) intends to discount approximately 17.43% of the total 2.782 billion shares of subscription shares.

IB SETTLEMENT (00147) announced on August 29, 2025, the company entered into a subscription agreement with the subscriber, under which the company conditionally agreed to issue and allot, and the subscriber conditionally agreed to subscribe for, a total of 2.782 billion subscription shares at a subscription price of HK$0.18 per subscription share. The subscription shares represent approximately 12.04% of the enlarged issued share capital, at a discount of approximately 17.43% to the closing price of HK$0.218 per share on August 29, 2025. The Board believes that the issuance of subscription shares is a good opportunity for the Group to raise additional funds to meet its general working capital requirements, as well as to provide the Group with sufficient capital to further expand its cryptocurrency-related business and other fintech-related projects in the near future.