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GCL Technology Completes Tranche 2A Subscription

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GCL Technology Completes Tranche 2A Subscription

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GCL-Poly Energy Holdings ( (HK:3800) ) has provided an announcement.

GCL Technology Holdings Limited has announced the completion of its Tranche 2A Subscription, issuing a total of 1,353,043,000 new shares to Infini Global Master Fund at a price of HK$1.15 per share. This move is part of the company’s broader strategy to raise capital, which could enhance its market positioning and provide additional resources for future growth initiatives.

The most recent analyst rating on (HK:3800) stock is a Hold with a HK$1.50 price target. To see the full list of analyst forecasts on GCL-Poly Energy Holdings stock, see the HK:3800 Stock Forecast page.

More about GCL-Poly Energy Holdings

Average Trading Volume: 610,872,175

Technical Sentiment Signal: Buy

Current Market Cap: HK$41.8B

For detailed information about 3800 stock, go to TipRanks’ Stock Analysis page.

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