BOYAA(HK:00434) Ge Long Hui·2025-08-21 04:56Group 1 - The company plans to place up to 63.51 million shares to no fewer than six investors, representing approximately 8.20% of the enlarged share capital, at a price of HKD 6.95 per share, which is a discount of about 8.19% from the closing price on August 20 [1] - The maximum total proceeds from the placement are estimated to be HKD 441 million, with a net amount of approximately HKD 436 million expected to be used for further development in the Web3 sector [1] - The net proceeds will be allocated towards Web3 game development, market promotion, infrastructure construction, project investments, strategic partnerships, acquisitions of core strategic assets, and general corporate purposes to ensure long-term sustainable development in the Web3 field [1] Group 2 - The company has applied to the Stock Exchange for the resumption of trading of its shares starting from 1:00 PM on August 21, 2025 [2]