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Wison International (01340) completed the issuance of a total of 11 million shares to raise approximately HK$5.1 million
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According to the Zhitong Finance App, Wison International (01340) issued an announcement. All prerequisites set out in the subscription agreement have been met and completed on October 22, 2026. A total of 5.5 million subscribed shares, equivalent to approximately 3.68% of the issued share capital of the company expanded through allotment and issuance of subscribed shares, were distributed and issued by the company to Subscriber A at a subscription price of HK$0.48 per subscribed share in accordance with the terms and conditions of Subscription Agreement A. In addition, a total of 5.5 million subscribed shares (accounting for about 3.68% of the company's issued share capital expanded through allotment and issuance of subscription shares) have also been allocated and issued by the company to subscriber B at a subscription price of HK$0.48 per subscribed share in accordance with the terms and conditions of subscription agreement B.

The total proceeds and net proceeds from the subscription were approximately HK$5.28 million and approximately HK$5.1 million respectively. The company plans to immediately use 90% of the net proceeds from the subscription process to partially repay the amount owed to an independent third party. The remaining 10% of the net proceeds will be used as the Group's general working capital to partially cover the company's general administrative expenses in Hong Kong, China for the next six months, including legal and professional fees, audit fees and retention fees.

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