📢 Gate Square Exclusive: #PUBLIC Creative Contest# Is Now Live!
Join Gate Launchpool Round 297 — PublicAI (PUBLIC) and share your post on Gate Square for a chance to win from a 4,000 $PUBLIC prize pool
🎨 Event Period
Aug 18, 2025, 10:00 – Aug 22, 2025, 16:00 (UTC)
📌 How to Participate
Post original content on Gate Square related to PublicAI (PUBLIC) or the ongoing Launchpool event
Content must be at least 100 words (analysis, tutorials, creative graphics, reviews, etc.)
Add hashtag: #PUBLIC Creative Contest#
Include screenshots of your Launchpool participation (e.g., staking record, reward
Hong Kong stock company raised HK$275.6 million through a rights issue, with five institutions participating in the subscription.
According to Gate News bot, a company listed on the Hong Kong Stock Exchange announced on June 30 that it will issue a total of 166 million new shares to 5 investors, accounting for 22.08% of the company's enlarged share capital. The subscription price per share is HKD 1.66, a discount of 29.66% compared to the closing price of HKD 2.36 on June 27, and it is expected to raise a total of HKD 275.6 million.
After this rights issue, the shareholding ratio of the major shareholder Avenir Investment will increase from 29.08% to 29.84%. LINEX Holdings Ltd. becomes the largest subscription party with 124 million HKD, and its shareholding ratio will reach 10%. In addition, TX Capital Holdings Ltd., Night Wood, and Rosen Holdings Ltd. will hold 1%, 3.43%, and 0.48% of the shares, respectively. It is worth noting that Night Wood is wholly owned indirectly by an executive director of the company.