ACME INTL HLDGS (01870): Termination of the placement of new shares under the general mandate.

ACME INTL HLDGS (01870) announced that it plans to allocate up to 50 million shares. Based on market conditions, the company and the placement agent have mutually agreed to terminate the placement agreement, effective immediately. A termination deed was executed on August 5, 2026, and accordingly, the placement agreement will be immediately terminated and shall no longer be in effect. Furthermore, despite any provisions in the placement agreement to the contrary, all parties shall absolutely release and discharge each other from all past, present, and future duties, obligations, and liabilities under the placement agreement. The directors believe that the termination of the placement agreement and the proposed placement thereunder will not have a significant adverse impact on the Group's business operations and financial position. After considering the Group's future development and market conditions, the company may consider conducting further fundraising activities.