Core Insights - mF International Limited has successfully closed a private placement, raising $500 million through the issuance of 50 million Class A ordinary shares and pre-funded warrants at a price of $10.00 each [1][3][8] Group 1: Financial Details - The net proceeds from the private placement will primarily be used to advance the Company's digital asset treasury strategy, including the acquisition of Bitcoin Cash (BCH) and other cryptocurrencies, with remaining funds allocated to general corporate purposes [2][4] - The capital raised enhances the Company's financial flexibility to execute a disciplined digital asset treasury strategy focused on optimizing returns and managing risk [3][4] Group 2: Company Overview - mF International Limited is a British Virgin Islands holding company with three operating subsidiaries in Hong Kong, primarily engaged in providing financial trading solutions via SaaS [4] - The Company plans to initiate a digital asset treasury strategy that includes investments in BCH and other digital assets [4]

Core Viewpoint - mF International Limited announced a $500 million private placement (PIPE) to initiate a digital asset treasury strategy, involving the sale of 50 million class A ordinary shares at $10.00 each [1][2]. Group 1: PIPE Details - The PIPE is expected to close around December 1, 2026, with the company anticipating gross proceeds of $500 million before expenses [2]. - The net proceeds will primarily fund the acquisition of bitcoin cash and establish the company's digital asset treasury operations, along with working capital and general corporate purposes [2]. Group 2: Company Background - mF International Limited is a British Virgin Islands holding company with three operating subsidiaries in Hong Kong, focusing on financial trading solutions [5]. - The principal subsidiary, m-FINANCE, has approximately 20 years of experience in providing financial trading solutions, including forex and commodities trading platforms, to clients across mainland China, Hong Kong, and Southeast Asia [5].