Runge Interactive (02422.HK) plans to grant approximately 19.44% off to sell up to 160 million shares and raise approximately HK$68.6 million net.
Zhito Financial News APP reported that Runge Interactive (02422.HK) announced on December 23, 2025, that the company had entered into a conditional placement agreement with Yingbao Securities International (Hong Kong) Limited (the placement agent). According to the placement agreement, the placement agent agreed to act as the company's agent to use their best efforts to solicit no fewer than six underwriters (who themselves and their ultimate beneficial owners are all independent third parties) to subscribe for up to a maximum of 160 million new shares of the company (placement shares) at a price of HK$0.435 per share. The price of HK$0.435 per share is approximately a 19.44% discount to the closing price of HK$0.54 per share of the Exchange-listed shares reported on the date of the placement agreement.
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