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Black Sesame Technologies Secures HK$631 Million via Share Issuance
3 hour ago /
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Author：小编
On March 9, Black Sesame Technologies disclosed in a statement that it had entered into a subscription pact with Infini Capital, the subscriber. Under this agreement, the company will allot and issue roughly 33.5446 million subscription shares at a price of HK$18.88 per share. This price reflects a 2.13% reduction from the closing price on that particular day, culminating in a total investment of approximately HK$631 million. The capital raised will be predominantly channeled into the research and development endeavors focused on next-generation high-performance chips. Additionally, it will support the expansion of the company's robotics and edge AI product portfolios, as well as expedite the process of bringing these products to market.
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