Hong Kong-listed company Fourth Paradigm plans to place 25.9 million shares to raise more than HK$1.3 billion for RWA, stablecoin and other fields

Planet News: Fourth Paradigm announced at the Hong Kong Stock Exchange that on July 17, 2025 (before the stock exchange trading hours), the company entered into a subscription agreement with subscribers, according to which subscribers have conditionally agreed to subscribe, and the company has conditionally agreed to allot and issue a total of 25.9 million subscription shares at a subscription price of HK$50.50 per share, with a total consideration of approximately HK$1,307,950,000. (Jintian)