WEB3 META (08093) is proposed to receive a full takeover offer from Invengo Information Technology (002161.SZ) at a discount of approximately 25.3%.

WEB3 META (08093) and the offeror Invengo Technology Pte. Ltd. jointly announced that on October 26, 2026, the company proposed to issue 12 million subscription shares, 8 million subscription shares, 3.5 million subscription shares, and 500,000 subscription shares to Invengo Technology Pte. Ltd., Mr. Xu Chaoyang, Ms. Tang Xiuping, and Mr. Ye Zhonghua, respectively, representing approximately 16.3%, 10.9%, 4.8%, and 0.7% of the enlarged issued share capital, respectively, at HK$1.68 per subscription share, raising net proceeds of approximately HK$38.3 million. Immediately upon completion of all subscription agreements, the offeror and its concert parties (including Subscriber II) will have an interest in 31,673,150 shares, representing approximately 43.1% of the enlarged issued share capital. Upon completion of Subscription Agreement I, Ranliang Capital will, on behalf of the offeror, make an offer at HK$1.68 per offer share, representing a discount of approximately 25.3% to the closing price of HK$2.25 per share as quoted on the Stock Exchange on the last trading day. It is understood that Invengo Technology (as Subscriber I and the offeror) is directly wholly owned by Invengo Information Technology, a company incorporated in China and listed on the Shenzhen Stock Exchange (stock code: 002161), which is a supplier of radio frequency identification (RFID) technology, products, and system solutions. Mr. Xu Chaoyang is Subscriber II and is the chairman and director of Invengo Information Technology.