SoftMedx clarifies plans to use 52.9% of placing proceeds for Greater Bay Area healthcare expansion

• SoftMedx Healthcare clarified that approximately HK$ 3 million, or 52.9% of net placing proceeds, will fund Greater Bay Area healthcare expansion.
• Another HK$ 2.67 million, or 47.1%, will support general working capital.
• Both allocations are expected to be fully utilized by the first half of 2027.
• Existing cash of approximately HK$ 26.5 million at June 30, 2026, is already allocated, creating imminent funding needs.
• Those commitments comprise HK$ 20.5 million for trade payables and operating expenses; HK$ 6 million will fund medical and healthcare product procurement.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Softmedx Healthcare Limited published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20261111-12408645), on November 11, 2026, and is solely responsible for the information contained therein.