Weimob Inc. Completes HK$389 Million Private Share Placement

Reuters
Nov 06
<a href="https://laohu8.com/S/WEMXF">Weimob Inc.</a> Completes HK$389 Million Private Share Placement

Weimob Inc. has announced the completion of the issue of Tranche 1B Subscription Shares under its general mandate. A total of 172,124,000 new shares were subscribed at a price of HK$2.26 per share. The placement was carried out in accordance with the terms of the Placing Agreement and its supplemental agreement, with completion taking place on November 6, 2025. The company emphasized that the offering was not registered under the U.S. Securities Act and the securities may not be offered or sold in the United States absent registration or an applicable exemption. Following the subscription, Weimob Inc. confirmed that its public float will remain at no less than 25% of its enlarged issued share capital.

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