Inkeverse (03700.HK): Completes Subscription of New Shares Under General Mandate, Net Proceeds of Approximately HK$328 Million

NewTimeSpace News: Inkeverse announced on 15 July that the Company has completed the allotment and issue of a total of 387,488,400 subscription shares in two tranches, with net proceeds of approximately HK$328 million.

NewTimeSpace News: On 15 July 2026, Inkeverse (03700.HK) issued an announcement that the Company has finished the allotment and issuance of an aggregate of 387,488,400 subscription shares split into two tranches.

The first tranche of 192,488,400 shares was completed on 2 July, and the second tranche of 195,000,000 shares was closed on 15 July. After deducting relevant expenses, the net proceeds amount to around HK$328 million. The raised funds are intended for the purchase of high-performance GPUs to build and expand the Group’s GPU computing infrastructure, as well as relevant working capital and daily administrative expenses for overseas teams.

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