BOYAA(HK:00434) Ge Long Hui·2025-08-21 05:21Core Viewpoint - Boyaa Interactive (0434.HK) experienced a significant stock price increase of over 12%, reaching HKD 8.5, following the announcement of a share placement to raise approximately HKD 441 million [1] Group 1: Share Placement Details - The company announced a placement of up to 63.51 million shares at a price of HKD 6.95 per share [1] - The placement price represents a discount of approximately 8.19% compared to the last closing price [1] - The shares being placed correspond to about 8.2% of the enlarged issued share capital [1] Group 2: Use of Proceeds - Approximately 90% of the net proceeds from the placement will be used to further advance the company's development in the Web3 sector [1] - The remaining 10% of the proceeds will be allocated for general corporate purposes and operational funding [1]