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IGC raises HK$302 million in share sale, boosting funds for AI technology growth.
International Genius Company (IGC) has signed a deal to issue 110 million shares at HK$2.75 each, raising about HK$302 million to support its strategic development and replenish operational funds.
If successful, the buyer and ultimate owner, Ms. Han Jia, will hold about 16.46% of IGC's shares.
The price is a 9.56% premium over recent market averages, indicating investor confidence.
IGC plans to use the funds to enhance its financial position and facilitate future growth in AI trading technology solutions.
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IGC recauda HK$302 millones en ventas de acciones, impulsando fondos para el crecimiento de la tecnología de IA.