Changes in Hong Kong stocks | Nobi Kam (02635) falls by more than 10% and plans to discount 13.6% of the allotment of shares and raise about HK$130 million to expand the AI business

Zhitongcaijing · 2d ago

The Zhitong Finance App learned that Nobi Kam (02635) fell by more than 10%. As of press release, it fell 10.23% to HK$8.51, with a turnover of HK$6.4626 million.

According to the news, Nobicam announced this morning that it plans to place 16.4885 million new shares to no less than six independent undertakers, accounting for about 4.17% of the expanded share capital, with a price of HK$8.19 per share, a discount of about 13.61% from the company's previous closing price of HK$9.48, and the net proceeds from the placement are about HK$131.5 million. The company plans to use about 40% of the net proceeds to develop artificial intelligence operation and maintenance technology for large-scale infrastructure; about 20% will be used to expand overseas business; about 20% will be used for potential industry acquisition targets such as basic computing power, AI models and industry models App companies, and about 20 % Supplemental working capital.