OSL Group plans to raise approximately HK$2.355 billion through a rights issue to be used for strategic acquisitions, stablecoin business, etc.

On the morning of July 25th, OSL Group announced on the Hong Kong Stock Exchange that on July 25th, 2025, the company had entered into subscription and subscription agreements, general authorization subscription agreements, and special authorization subscription agreements, with the estimated total proceeds from the transactions under these agreements being approximately HK$23.5503 billion, and the estimated net proceeds being approximately HK$23.3610 billion. The subscription price for each subscription share is HK$14.90 per share, representing a discount of approximately 15.34% to the closing market price on the last trading day on the Stock Exchange. The company intends to use the net proceeds for the following purposes: approximately 50% to support the company's strategic acquisition initiatives; approximately 30% for the development of global business and new business initiatives; approximately 20% for general corporate purposes of the group.