Ewell Group (03893.HK) announced that all the conditions set out in the placement agreement have been fulfilled, and the placement was completed on April 12, 2024. A total of 25.92 million placed shares (equivalent to approximately 16.67% of the company's issued share capital immediately after completion and expansion of the placement shares) have been successfully placed to no less than six undertakers at the placement price of HK$0.26 per share in accordance with the terms of the placement agreement.