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Imperium Technology Group Limited ( (HK:0776) ) has shared an update.
Imperium Technology Group Limited announced that its controlling shareholder, Diamond State Holdings Limited, is placing up to 93,310,000 existing shares, representing 25% of the company’s total issued share capital, through a placing agreement with Waton Securities International Limited. The placing, expected to conclude by March 2025, will not adversely affect the company’s operations, and Diamond State Holdings will remain the controlling shareholder with a reduced stake of approximately 32.45%. Stakeholders and investors are advised to exercise caution as the placing may not be completed in full.
More about Imperium Technology Group Limited
Imperium Technology Group Limited operates in the technology industry, focusing on the development and distribution of innovative technological solutions. The company is incorporated in the Cayman Islands and is publicly listed on the Hong Kong Stock Exchange.
YTD Price Performance: -32.78%
Average Trading Volume: 682,196
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: HK$1.06B
For a thorough assessment of 0776 stock, go to TipRanks’ Stock Analysis page.
