OSL Group plans to raise approximately HKD 2.355 billion through a placement for strategic acquisitions, stablecoin business, and more

ChainCatcher news, OSL Group (09618.HK) announced on the Hong Kong Stock Exchange that on July 25, 2025 (before trading hours), the company has entered into a placement and subscription agreement, a general authorization subscription agreement, and a special authorization subscription agreement. The total estimated proceeds from the transactions under these agreements are approximately HKD 2.35503 billion, with the net proceeds estimated to be approximately HKD 2.33610 billion. The placement price is HKD 14.90 per placement share, representing a discount of approximately 15.34% to the closing price of the shares on the last trading day on the Stock Exchange. (Jin Shi)