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Company Announcements

Winking Studios Raises S$26.5M in Oversubscribed Share Placement

Winking Studios Limited (SG:WKS) has released an update.

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Winking Studios Limited has successfully issued 108 million new shares at S$0.25 each, raising S$26.5 million to fund strategic initiatives, acquisitions, and operational enhancements. The offering attracted strong interest from regional investors and is set to begin trading on the SGX-ST on 10 July 2024. The company has been expanding its presence in Asia, recently acquiring art studios in Taiwan and Malaysia.

For further insights into SG:WKS stock, check out TipRanks’ Stock Analysis page.

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