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Nexion details use of HK$ 3.43 million placing proceeds, confirms full utilization by end-2025

PUBT·08/14/2026 10:27:58
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Nexion details use of HK$ 3.43 million placing proceeds, confirms full utilization by end-2025
  • Nexion issued a supplemental clarification on the use of HK$ 3,434,000 net proceeds from its Oct. 13, 2023 placing.
  • Proceeds, earmarked for general working capital, were fully utilized by Dec. 31, 2025.
  • Largest uses were professional fees at HK$ 2.16 million, staff costs at HK$ 1.16 million.
  • Board confirmed the proceeds were applied in line with previously disclosed intended use.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Nexion Technologies Ltd. published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260814-12285015), on August 14, 2026, and is solely responsible for the information contained therein.