Data Union Cap (08375) completed the placement of 57.6 million shares, raising approximately 55.4 million Hong Kong dollars net.

DATA UNION CAP (08375) announced that all the conditions stipulated in the placement agreement have been met, and the placement matters were completed on January 21, 2026 (after trading hours on the Stock Exchange) in accordance with the terms and conditions of the placement agreement. The placement agent successfully placed 57.6 million shares at a price of HK$0.99 per share to a minimum of 6 subscribers, representing approximately 16.67% of the enlarged issued share capital of the company following the completion of the placement. The net proceeds from the placement amount to approximately HK$55.4 million. The net proceeds decreased from approximately HK$55.78 million to approximately HK$55.4 million due to an increase in professional fees related to regulatory compliance requirements associated with the placement.