ELIFE Holdings (00223) completed the placement of a total of 271 million shares, raising approximately 27.1 million Hong Kong dollars.

ELIFE HLDGS (00223) announces that all conditions under the placing agreement (as amended and supplemented by the supplemental placing agreement) have been met, and the placing was completed on April 29, 2026. According to the placing agreement (as amended and supplemented by the supplemental placing agreement), a total of 271 million shares of placing shares (equivalent to approximately 16.67% of the enlarged issued share capital of the company following completion under the specific mandate for the issuance and placing of shares) have been successfully placed at a placing price of HK$0.102 per share to not less than six placees. The total proceeds from the placing amount to approximately HK$27.7 million. After deduction of placing commission and other related expenses, the net proceeds from the placing amount to approximately HK$27.1 million.