PHANCY (06682) plans to issue 40.36 Hong Kong dollars per share of rights shares, raising a maximum net amount of about 15.56 billion Hong Kong dollars.

date
08:32 22/04/2026
avatar
GMT Eight
Paradigm Intelligence (06682) announced that on April 22, 2026 (before the trading session of the Stock Exchange), the company intends to issue a maximum of 38.8 million shares through a placing agent to at least six placing agents, at a price of HK$40.36 per share, raising approximately HK$1.556 billion, with 80% of the proceeds to be used for advancing heterogeneous AI computing power equipment based on heterogeneous GPUs to provide infrastructure for the group's API business; and 20% for global business expansion and potential acquisition to support emerging business technology service providers.
PHANCY (06682) announced that on April 22, 2026 (before the trading hours of the Stock Exchange), the company intends to issue a maximum of 38.8 million shares through a placement agent to at least six underwriters, with each share priced at HK$40.36, raising approximately HK$1.556 billion. 80% of the proceeds will be used to advance heterogeneous AI computational power devices based on heterogeneous GPU, providing infrastructure for the group's API business; and 20% will be used for global business expansion and to support potential acquisitions of technology service providers for emerging businesses.