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UNISOUND's Share Placing at 19.9% Discount w/ Net Proceeds HKD381M
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UNISOUND (09678.HK) announced a placing of 1.7 million new H shares, representing approximately 3.77% of the enlarged H shares and about 2.28% of the total issued shares. The placing price is HKD228 per share, representing a discount of about 19.89% to the closing price of HKD284.6 on the previous day (27th). The placing is expected to raise net proceeds of approximately HKD381 million. Of the total, about 45% will be used for training of the new-generation of “U-Series” intelligent agent-native multimodal base large model; around 40% will be allocated to the establishment of global large-model Token factories and expansion of Token’s overseas operations; and about 15% will be used for promotion and marketing initiatives. Auto-translated by AI This article was automatically translated by AI, the original language version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. More Details
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