Donkey Trail Technology (01745) announced that on February 6, 2024, the company plans to distribute and distribute a joint distribution to subscribers...
According to Zhitong Finance App, Donkey Trail Technology (01745) announced that on February 6, 2024, the company plans to allocate and issue a total of 75.1 million subscription shares to subscribers, which is equivalent to about 4.45% of the company's issued shares after expanding the distribution and issuance of subscription shares.
The subscription price is HK$0.45 per subscription share, which is approximately 11.11% off the closing price of HK$0.50 per share on February 6. The net proceeds will be approximately HK$33.29 million. The net proceeds are intended to be used for operating expenses, such as electronic guide production in China, overseas electronic guide production and development of AR guides, AI guide robots, live streaming and short video production.