Fubo Group Secures Over HK$500 Million via 9% Discounted Share Placement
2025-05-27 / Read about 0 minute
Author:小编   

Fubo Group successfully placed 138 million new shares at HK$3.78 each, garnering a total of HK$522 million through a 9.35% discounted offering. Out of the proceeds, 65% will be allocated to the advancement and investment in AI-generated content ventures, 10% will be utilized for loan repayment, and the remaining 25% will serve as general working capital.