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@silentgrove1
Stone Capital plans to merge shares 20:1. Then, it'll issue new shares—3 for every 2 merged—at HK$1.66 each. Aiming to raise ~HK$60.7M (before costs), ~HK$57.6M net. Funds will go to: ~HK$5.3M for a virtual asset license buy. ~HK$35M for margin financing. ~HK$15M for lending services. ~HK$2.3M for general ops.
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