ARTA TECHFIN (00279) plans to offer a discount of approximately 18.3% for the sale of up to 123 million shares, with a net fundraising of approximately 59.8 million Hong Kong dollars.

ARTA TECHFIN (00279) announced that on April 20, 2026, the company intends to issue up to 123 million shares for sale, equivalent to approximately 9.67% of the total issued share capital as of the date of this announcement; and approximately 8.81% of the total issued share capital after the full issuance and sale of the shares. The sale price per share is HKD 0.490, representing a discount of approximately 18.3% from the closing price of HKD 0.600 per share on April 20. Assuming all 123 million shares are successfully sold, the total proceeds from the sale are estimated to be approximately HKD 60.3 million, with an estimated net proceeds of approximately HKD 59.8 million. The company plans to allocate the net proceeds as follows: (i) approximately 50.2%, or around HKD 30 million, will be used to repay shareholder loans and related costs; (ii) approximately 26.8%, or around HKD 16 million, will be used for strategic investments and ongoing business development of the group, including but not limited to strengthening regulatory capital base, obtaining additional licenses in Hong Kong and other major jurisdictions, and expanding into multiple high-growth industries; (iii) approximately 13.4%, or around HKD 8 million, will be used to enhance the group's existing businesses, such as investing in information technology infrastructure, system upgrades, enhancing service capabilities, and establishing technology and ecosystem partnerships; (iv) approximately 9.6%, or around HKD 5.8 million, will be used for general operating funds and general corporate purposes.