On October 21st, 2023, Delin Holdings announced the issuance of 255 million shares at an 11.34% discount from its last closing price of 3.44 HKD. This move is expected to significantly support their Bitcoin mining and digital reserve activities.
A subscription agreement has been finalized with Changqing Wealth Investment Limited for the allotment of 63.803 million new shares. The total proceeds from this offering will reach 956 million HKD, earmarked for strengthening the company’s business portfolio.
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