---
title: "FIRE ROCK's new share placement agreement has fallen through, and it may consider further fundraising"
description: "FIRE ROCK announced that the agreement for the placement of up to 38.4 million new shares has expired, as the conditions precedent under the agreement have not been met. The company may consider furth"
type: "news"
locale: "en"
url: "https://longbridge.com/en/news/248273376.md"
published_at: "2025-07-13T05:16:35.000Z"
---

# FIRE ROCK's new share placement agreement has fallen through, and it may consider further fundraising

> FIRE ROCK announced that the agreement for the placement of up to 38.4 million new shares has expired, as the conditions precedent under the agreement have not been met. The company may consider further fundraising activities

FIRE ROCK (01909.HK) announced that the agreement regarding the placement of up to 38.4 million new shares has lapsed, as the conditions precedent under the agreement have not been met. The company may consider further fundraising activities

### Related Stocks

- [01909.HK - FIRE ROCK](https://longbridge.com/en/quote/01909.HK.md)
- [02960.HK - CHINA ENERGY](https://longbridge.com/en/quote/02960.HK.md)

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---

> **Disclaimer**: This article is for reference only and does not constitute any investment advice.