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SenseTime plans to raise approximately HK$2.5 billion through rights issue to develop RWA, digital assets, stablecoins, and obtain related qualifications
Summary: According to reports, SenseTime Group announced the sale of 1.67 billion new Class B shares at a price of HK$1.5 per share to raise approximately HK$2.5 billion. The company plans to use part of the net proceeds from the sale to explore the technical integration and practice of artificial intelligence in innovative vertical fields, including ...
According to reports, SenseTime Group announced the sale of 1.67 billion new Class B shares at a price of HK$1.5 per share to raise approximately HK$2.5 billion. The company plans to use part of the net proceeds from the sale to explore the technical integration and practice of artificial intelligence in innovative vertical fields, including but not limited to conducting business in intelligent robots, blockchain, real-world assets (RWA), digital assets, stablecoins, and obtaining related qualifications, as well as for general operating expenses.
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Link: SenseTime plans to raise approximately HK$2.5 billion through rights issue to develop RWA, digital assets, stablecoins, and obtain related qualifications [Copy]
