Hong Kong-listed company Bit Universe announced that it has entered into a distribution agreement with a distribution agent, planning to distribute up to 40 million shares of shares to no fewer than six underwriters through the distribution agent, at a price of 0.41 Hong Kong dollars per share, a discount of about 19.61% from the closing price of 0.510 Hong Kong dollars per share on the same day, raising a maximum of about 16 million Hong Kong dollars. The company plans to use the net proceeds from the distribution for the acquisition of the necessary licenses to operate a virtual asset trading platform.
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Hong Kong-listed company Bit Universe announced that it has entered into a distribution agreement with a distribution agent, planning to distribute up to 40 million shares of shares to no fewer than six underwriters through the distribution agent, at a price of 0.41 Hong Kong dollars per share, a discount of about 19.61% from the closing price of 0.510 Hong Kong dollars per share on the same day, raising a maximum of about 16 million Hong Kong dollars. The company plans to use the net proceeds from the distribution for the acquisition of the necessary licenses to operate a virtual asset trading platform.