HASHKEY HLDGS launches share offering, targets HKEX Main Board listing on Dec 17

BlockBeats reports that HASHKEY HLDGS launched its share offering on Dec 9 and targets an HKEX Main Board listing on Dec 17. It plans a global sale of about 2.41 亿 shares, with a minimum subscription of about 2808.04 港元. At a midpoint offer price of 6.45 港元, net proceeds are about 14.26 亿港元, for technology and infrastructure upgrades and global expansion. Revenue for 2024 rose to about 7.21 亿港元; a BiyaPay analyst said HASHKEY HLDGS' long-term growth could benefit if Asia's regulatory environment remains supportive.