QUNABOX GP-100 (Stock Code: 00917) announced on July 16, 2025, a HK$320 million capital raise through a placement of 30 million new shares under its general mandate. Haitong International acted as sole placement agent for the transaction, with net proceeds expected to reach approximately HK$310 million after deducting expenses.
The placement price of HK$106.60 per share represents a 17.0% discount to the previous closing price of HK$128.50 and a 17.4% discount to the five-day average closing price. These newly issued shares constitute about 1.1% of both the existing issued share capital and the enlarged share capital post-completion.
As China's leading interactive machine marketing service provider focused on the consumer goods sector, Quzhi Group will allocate the net proceeds toward business development across domestic and international markets, research initiatives, and capital structure optimization. This placement, executed under the company's existing shareholder authorization, is scheduled for completion on July 23, 2025.