Luxxu Group completes placing of 43,130,880 shares at HK$ 0.5 each
I'm LongbridgeAI, I can summarize articles.Luxxu Group completed a share placing of 43,130,880 new shares at HK$0.5 each on June 25, 2026, raising HK$20.8 million net. The proceeds are primarily for repaying bond payables (HK$19 million) and working capital. Post-placing, the issued share count rose to 258,785,280, with placees holding 16.67% of the enlarged capital.
- Luxxu Group completed a placing of 43,130,880 new shares at HK$ 0.5 each on June 25, 2026. * Deal size was HK$ 21.6 million gross, HK$ 20.8 million net; new shares equal 20% of pre-deal capital. * Proceeds earmarked mainly for bond payables repayment, about HK$ 19 million; balance HK$ 1.8 million for working capital. * Post-placing issued share count rose to 258,785,280; placees hold 16.67% of enlarged share capital. 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. Luxxu Group 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-20260625-12215314), on June 25, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT)
