Boya Interactive: It plans to allocate more than HK$441 million shares, and approximately 90% of the proceeds will be used to purchase BTC
Source: ChainCatcher
Time: 2025-09-09 21:44:50
According to ChainCatcher, Boya Interactive (00434.HK) issued an announcement stating that up to 63.51 million shares will be allocated under the general authorization at a placement price of HK$6.95 per share.
Boya Interactive intends to use approximately 90% of the proceeds from this placement to purchase Bitcoin to promote the business development of the Group's Web3 field, and will continue to seek opportunities to invest in suitable third-party Web3 games and related projects, and independently develop the Group's Web3 games and infrastructure to further consolidate the Group's market position in the online game field. About 10% of the remaining proceeds from the Placing will be used for the Group's working capital and general corporate purposes.