REF : FASET 04/2565
July 27, 2022
Subject : To report the utilization of increased capital (No.2) for the period ended June 30, 2022
Attn : President
The Stock Exchange of Thailand
XSpring Capital Plc. increased its authorized share capital by issued new ordinary shares and warrant to purchase ordinary shares XPG-W4 amount of Baht 8,193,797,075 during the year 2021 - June 30, 2022. The details are as follow:-
- The capital increased under a private placement basis 1,035,338,000 ordinary shares at a definitive offering price of Baht 4.10 per share with the aggregate value of Baht 4,244,885,800.
- The capital increased to existing shareholders of the Company in proportion to their shareholding (Rights Offering) 5,731,340,148 ordinary shares at a par value of Baht 0.50 per share with the aggregate value of Baht 2,865,670,071.
- The warrants to purchase ordinary shares XPG-W4 of Baht 1,083,241,204.
XSpring Capital Plc. would like to report the utilization of funds from capital increases are as follows:
(unit: Baht)
Objective | The utilization of increased | ||||
capital until June 30, 2022 | |||||
Development and expansion of the Group's existing | 1,387,880,148 | ||||
and potential businesses | |||||
Investment in digital asset business | 489,601,693 | ||||
Repayment of loans | 170,000,000 | ||||
The Company's working capital | 540,388,856 | ||||
Total utilized amount | 2,587,870,697 | ||||
Total amount of the increased capital | 8,193,797,075 | ||||
The remaining balance as of June 30, 2022 | 5,605,926,378 |
Please acknowledge the above matter.
Yours faithfully,
(Ms. Varangkana Artkarasatapon)
President