JOLIMARK (02028) plans to offer a discount of approximately 19.1% for the sale of up to 122.6 million shares, raising approximately HK$86.4 million.

JOLIMARK (02028) announcement that on June 29, 2026, the company plans to issue up to 122.6 million new shares, equivalent to approximately 16.66% of the company's existing issued share capital and approximately 14.28% of the issued share capital after the issuance of new shares. The issue price for each share is HK$0.72, which represents a discount of approximately 19.10% from the closing price of HK$0.890 per share on June 29. Assuming the issuance is fully completed, it will raise total proceeds of approximately HK$88.3 million and net proceeds of approximately HK$86.4 million. The board of directors intends to use the net proceeds from the issuance for the following purposes: (i) approximately 21.99% or HK$19 million will be used for employee salaries and welfare expenses, expected to be fully utilized within 12 months after the issuance is completed; (ii) approximately 46.76% or HK$40.4 million will be used for the company's daily operating procurement expenses, including purchasing costs for raw materials related to the production of printers, medical equipment, and other products, expected to be fully utilized within 12 months after the issuance is completed; (iii) approximately 31.25% or HK$27 million will be used to repay the group's bank loans, expected to be fully utilized within 3 months after the issuance is completed.