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freeslotgamesnodeposit| China Parenting Network (01736): Placing 57.6104 million shares at HK$0.0486, net raising of HK$2.8 million

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News summary

China Parenting Network (01736) signs agreement with placement agentfreeslotgamesnodeposit, planned to place up to 5,761 on a best effort basisfreeslotgamesnodeposit.04 million sharesfreeslotgamesnodeposit, discount to market price 11freeslotgamesnodeposit.75%, with an expected net raise of approximately HK$2.8 million.

freeslotgamesnodeposit| China Parenting Network (01736): Placing 57.6104 million shares at HK<h2>.0486, net raising of HK.8 million

Newsletter text

[China Parenting Network (01736) signed a placing agreement with a placing agent, raising approximately HK$2.8 million]

China Parenting Network (01736) announced an announcement on April 26, 2024. The company signed a placing agreement with the placing agent. According to the terms of the agreement, the company entrusted the placing agent as its agent in an effort to promote the purchase of up to 57.6104 million placing shares by the placees. The transaction was based on the Stock Exchange's closing price of HK$0.057 per share, and the placing price was a net price of HK$0.0486, a discount of approximately 11.75% to the market price.

{html}The net proceeds from this placing are expected to be approximately HK$2.8 million, aiming to provide financial support for the company's development.{html}