Digital Alliance Capital (08375) plans to discount approximately 19.51% of up to 57.6 million shares to raise approximately HK$557.84 million

According to Zhitong Finance App, Digital League Capital (08375) issued an announcement. On December 29, 2025, the company signed a placement agreement with the placement agent. According to this, the placement agent has agreed to facilitate the placement of up to 57.6 million shares to no less than six undertakers according to best efforts. The placement price is HK$0.99 per share. Placing matters are subject to approval by the Listing Committee (including) of the listing and sale of the placement shares before they can be implemented.

Assuming that there is no change in the issued share capital of the company from the date of this announcement to the completion of the placement, the maximum number of 57.6 million shares placed is equivalent to about 20.00% of the company's current issued share capital at the date of this announcement; and about 16.67% of the company's issued share capital after being expanded through allotment and issuance of placed shares.

The placement price was HK$0.99 per share, a discount of approximately 19.51% per share from the closing price of HK$1.23 per share as reported on the Stock Exchange on December 29, 2025.

Assuming that all the shares are placed, the maximum amount of proceeds from the placement is expected to be HK$57.024 million, while the net proceeds from the placement (after deducting all applicable costs and expenses, including placement commissions and levies) will be approximately HK$557.84 million, or approximately HK$0.968 per share. The company plans to use the net proceeds from the placement for the following purposes: approximately 30% for the development of the Group's electronic components trading business, including recruiting new employees, formulating marketing plans and expanding the product portfolio and sales network; about 30% for the Group's business development in software-as-a-service (SaaS) solutions and innovative digital products, including recruiting new employees, formulating marketing plans and expanding the sales network; about 30% for the technical upgrade and development of pilot algorithm systems (PAS); and the balance will be allocated to the Group's general working capital.