China's MiniMax seeks to raise $2.05 billion via placement, bond issue
10/07/2026 01:14
China's MiniMax seeks to raise $2.05 billion via placement, bond issue July 10 (Reuters) - China's MiniMax Group 0100.HK is looking to raise around HK$9.54 billion ($1.22 billion) in a share sale, according to an exchange filing on Friday.
The AI startup is concurrently proposing to issue bonds for an aggregate principal amount of HK$6.50 billion.
($1 = 7.8355 Hong Kong dollars)
(Reporting by Nikita Maria Jino in Bengaluru; Editing by Sherry Jacob-Phillips)
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