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Capital Online: Plans to raise no more than 1.59B yuan through additional issuance for the construction of multiple intelligent computing centers
Mars Finance News, April 13 — Capital Online announced that the 14th meeting of the 6th board of directors considered and approved proposals including “the proposal on the company’s issuance of A-shares to specific targets.”
This time, the company plans to issue A-shares to no more than 35 specific targets, with the number of shares issued not exceeding 30% of the total share capital prior to the issuance, i.e., 151 million shares. The total amount of funds to be raised will not exceed 1.587 billion yuan. After deducting issuance expenses, the funds are intended to be used for the Beijing North Cloud Computing Software R&D Center Project - Computing Power Center ( Phase II, the Capital Online Intelligent Computing Center construction project, the Capital Online Tianshu Intelligent Computing Cloud R&D project, and the repayment of bank borrowings.
The issue price will be no less than 80% of the company’s average stock trading price over the 20 trading days prior to the pricing benchmark date.