According to the Zhitong Finance App, Gangwan Digital (00913) issued an announcement. At 4:00 p.m. on September 30, 2026 (Wednesday) (that is, the final acceptance period), it has received a total of 13 valid applications for a total of 136 million shares offered (equivalent to about 25.6% of the total number of shares offered for sale under the share offering). The remaining 396 million unsubscribed shares (equivalent to about 74.4% of the total number of shares offered for sale under the offer) will be subject to compensation arrangements.
At 4:00 p.m. on October 22, 2026 (Thursday) (that is the last time the placement agent places unsubscribed shares), all 396 million unsubscribed shares were successfully placed at a price of HK$0.14 per share (equivalent to the subscription price) in accordance with the placement matters. As a result, no net proceeds can be distributed to inactive shareholders under compensation arrangements.
Therefore, the total proceeds from the share offering (including compensation arrangements) are approximately HK$74.5 million, and after deducting all necessary expenses, the estimated net proceeds from the share offering will be approximately HK$73.1 million. Assuming there are no significant fluctuations in the stock market, the Company plans to (i) invest approximately HK$32 million in listed securities in Hong Kong, China and the United States of America by March 31, 2028; (ii) use approximately HK$35 million to invest in listed and/or unlisted debt securities issued by Hong Kong and United States of America companies by March 31, 2028; and (iii) use the remaining balance of approximately HK$6.1 million by March 31, 2028 to meet the Group's general working capital requirements (i.e. audit fees, directors' fees, salaries, investment manager's expenses, rent expenses and printing expenses). The recommended investment is in line with the company's investment goals.