Momentum Financial Holdings Limited signed a placing agreement on 22 May 2026 with Guoyuan Securities Brokerage (Hong Kong) Limited to place up to 104.27 million new shares at HK$0.20 each under its existing general mandate.

The placement price represents a 20.00% discount to the 22 May closing price of HK$0.25 and an 18.63% discount to the five-day average of HK$0.246. The new shares equal 3.14% of the current issued share capital and 3.04% of the enlarged capital base.

Gross proceeds are estimated at HK$20.90 million, with net proceeds of approximately HK$20.50 million after a 1.0% placing commission. The company plans to allocate the funds as follows: • HK$15.00 million (73%) for cross-border e-commerce businesses; • HK$3.00 million (15%) for R&D and operating expenses related to AI and Web3 e-wallet payment solutions; • HK$2.50 million (12%) for general working capital.

At least six independent placees will be sourced on a best-effort basis, and none is expected to become a substantial shareholder. Completion is conditional on Stock Exchange approval for listing the new shares and other customary conditions no later than 18 June 2026.

Post-placement, total issued shares will rise from 3.32 billion to 3.43 billion. Major shareholders’ percentage interests will dilute proportionally; for example, Triumph Hope Limited’s stake will move from 15.09% to 14.63%.

The company has conducted no other equity fund-raising in the past 12 months. Shareholders and potential investors are advised to exercise caution as the placing remains subject to the conditions of the agreement.