EV Dynamics Raises Funds Through Private Placement of New Shares
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EV Dynamics (Holdings) Ltd. has completed new share issuances, raising approximately HK$26.8 million through a specific mandate and about HK$15.4 million through a general mandate. These fundraising efforts aim to strengthen the company's financial position and address liquidity pressures, following an auditor's disclaimer of opinion on its going concern assumption. The company is also seeking further placements to enhance cash flow.
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