OSL Group Limited (Stock Code: 863) has announced the completion of a placing of 104,698,000 existing shares at a placing price of HK$14.90 per share and a subsequent top-up subscription of the same number of new shares, also at HK$14.90 per share. The placing was completed on February 2, 2026, with the top-up subscription finalized on February 4, 2026.

According to the announcement, the net proceeds from the top-up subscription amounted to approximately HK$1,549.9 million after deducting relevant fees and expenses. The funds are intended for strategic acquisitions, the development of global business initiatives (including payment services and stablecoin-related business), product and technology infrastructure upgrades, and general working capital.

Following these transactions, the total number of issued shares increased to 899,293,352 shares. The substantial shareholder’s holding, disclosed as 29.589% before the placing, stood at 26.145% following completion. The company confirmed that none of the placees became a substantial shareholder as a result of this transaction, and each placee and its ultimate beneficial owners are considered independent third parties.