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Bit Metaverse has completed a new share placement, with a net amount of HKD 14.6 million intended for applying for a virtual asset trading platform license.
According to a report by Golden Finance, the Hong Kong-listed company Bit Metaverse has announced the completion of a new share placement under the general authorization, with all conditions of the placement agreement met on March 26. A total of 36,504,000 placement shares were sold at HKD 0.41 per share to no fewer than six subscribers, and the net proceeds from the placement are approximately HKD 14.6 million. This funding will be used to apply for the relevant licenses required to operate a virtual asset trading platform.