MINIMAX-W Completes Placement of 35.6M A-Class Shares and HK$6.5B Convertible Bond

According to Zhitong Finance, MINIMAX-W (00100) completed the placement of 35.6 million new A-class shares on July 14, 2026, at HK$268 per share, raising approximately HK$9.444 billion in net proceeds.

The company also completed the issuance of a zero-coupon secured convertible bond with a principal amount of HK$6.5 billion, maturing in 2027, on July 16, 2026, with net proceeds of approximately HK$6.433 billion.