Dellin Holdings (01709.HK) plans to raise HK$653.3 million to focus on developing blockchain, RWA, and virtual asset businesses.

Wisdom Finance APP News, Delin Holdings (01709.HK) announced that on August 7, 2025 (before the trading session), the company, seller DA Wolf, Mr. Chen and the placing agent entered into a placing and subscription agreement, whereby (i) the seller has agreed to sell, and the placing agent has agreed to act as the seller's agent, to use their best efforts to ensure that no fewer than 6 underwriters purchase the placing shares at a placing price of HK$2.95 per share (a total of approximately 201 million shares to be placed), and (ii) the seller has conditionally agreed to subscribe, and the company has conditionally agreed to issue shares to the seller at a subscription price of HK$2.95 per share, equivalent to the placing price, in accordance with the general mandate. The number of shares to be subscribed under the subscription shall be the same as the number of placing shares actually placed by the placing agent under the placing and subscription agreement.