According to an announcement by Aidigong (00286) on June 7, 2024, the company plans to sell up to 869 million shares, which is equivalent to approximately 12.81% of the total number of issued shares after the distribution and issue of all saleable shares. The offering price for each share is HKD 0.042 per share, a discount of approximately 8.70% from the closing price of HKD 0.046 per share on June 7.

Assuming that all saleable shares are fully subscribed, the total proceeds from the offering will be approximately HKD 36.5 million, and the net proceeds will be approximately HKD 35 million. The company plans to use the net proceeds of approximately HKD 24.5 million from the offering to repay the group's loans and other payables, and approximately HKD 10.5 million for general business operations of the group.