Z.AI Successfully Places 21.965 Million New H-Shares

Stock News

5 hours ago

Z.AI has announced the completion of a share placement, issuing a total of 21.965 million new H-shares.

This issuance was carried out in accordance with the terms of a subscription agreement dated September 12, 2026. The new shares were allotted and issued under the company's general mandate, which authorizes the board to issue shares without obtaining further shareholder approval.

The move is expected to bolster the company's capital base, providing additional resources for its ongoing operations and strategic initiatives.

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