Quantgroup Holding Limited released a supplemental announcement on 20 September 2026, detailing key terms of its proposed placing of new shares under the existing General Mandate originally disclosed on 16 September 2026.

The company confirmed that the Placing Agreement will automatically terminate if any stipulated conditions remain unfulfilled or unwaived on or before 7 October 2026. Upon such termination, neither party will retain further rights or obligations, except for liabilities arising from any prior breaches.

Quantgroup also quantified the aggregate placing commission at approximately HK$1.70 million. The fee was set after arm’s-length negotiations with the joint placing agents and reflects prevailing market rates relative to the size of the offering.

All other particulars contained in the 16 September announcement remain unchanged. The board continues to be chaired by Executive Director Dr. Zhou Hao.