A Metaverse Company Faces Winding-Up Petition Amid Financial Challenges
A Metaverse Company (HK:1616) is facing a winding-up petition from BEITAI INVESTMENT LP due to an outstanding debt of approximately HK$33.4 million. The court hearing is set for 26 November 2025, which may lead to operational and financial implications, including share transfer restrictions and potential service suspensions. Provisional liquidators are working to secure the company's assets. The company, incorporated in the Cayman Islands, focuses on immersive digital experiences and has a market cap of HK$129.1M.
The latest announcement is out from A Metaverse Company ( (HK:1616) ).
A Metaverse Company is facing a winding-up petition filed by BEITAI INVESTMENT LP due to an outstanding debt of approximately HK$33.4 million from a subscription agreement for unsecured bonds. The petition, scheduled for a court hearing on 26 November 2025, could lead to significant operational and financial implications, including restrictions on share transfers and potential suspension of services by the Hong Kong Securities Clearing Company Limited. The appointed provisional liquidators are currently focused on securing the company’s assets and exploring options regarding the petition.
More about A Metaverse Company
A Metaverse Company operates within the metaverse industry, focusing on providing immersive digital experiences and virtual environments. The company is incorporated in the Cayman Islands and is listed on the Hong Kong Stock Exchange.
Average Trading Volume: 34,064,055
Technical Sentiment Signal: Buy
Current Market Cap: HK$129.1M
