I'm LongbridgeAI, I can summarize articles.Deepexi Technology placed 14.286 million new H shares at HK$35 each, raising HK$500.01 million gross. The price reflects a 3.74% discount to the prior close. Proceeds will fund AI R&D, product upgrades, strategic investments, and working capital.
- Deepexi launched a placing of 14,286,000 new H shares at HK$ 35 per share under its general mandate. * Deal size HK$ 500.01 million gross; HK$ 487.51 million net, implying a net issue price of about HK$ 34.13. * Placing price reflects a 3.74% discount to the prior close of HK$ 36.36, based on Aug. 12 prices. * New shares equal about 4.27% of existing shares, or about 4.1% on an enlarged basis if fully placed. * Proceeds earmarked mainly for AI R&D and product upgrades, selective strategic investments, working capital; 90-day post-deal lock-up. 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. Deepexi Technology Co. Ltd. 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-20260813-12282095), on August 12, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT)