International Business Digital Technology to raise approximately 99.72 million HKD via share placement for virtual asset services

International Business Digital Technology is set to place up to 28 million shares priced at 3.60 HKD each, reflecting an 8.86% discount from the most recent closing price.

Proceeds of 99.72 million HKD are earmarked for developing new technologies (65.18%), expanding virtual asset services internationally (20.06%), and supporting general working capital (14.76%). All allocations aim for full utilization by December 31, 2027.

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