GOLDWAY EDU Completes Share Placement, Raising Approximately HK$4.4 Million Net
Stock News
Yesterday
GOLDWAY EDU (08160) has announced that all conditions precedent under its placement agreement have been satisfied, with the placement officially completed on August 24, 2026.
Under the terms of the agreement, the company issued and placed a total of 11.52 million placement shares to no fewer than six placees. As the placement shares were not fully subscribed, the net proceeds from the placement amount to approximately HK$4.4 million.
The funds raised are intended to be used for repaying the principal of the company's acceptance notes and for general working capital purposes.
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