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ChowChow Cloud completes $500K private placement after share split adjustment

Company Fundamentals
27 Oct 2026, 18:30 WIB
GlobeNewsWire
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Neutral
ChowChow Cloud completes $500K private placement after share split adjustment

ChowChow Cloud International Holdings Limited has received the full $500,000 payment for its previously announced private placement, adjusted for a 1-for-10 reverse share split. The transaction involves issuing 86,207 Class A Ordinary Shares at $5.80 per share, down from the original 862,069 shares at $0.58 each. The company expects to close the transaction by the week ending October 30, 2026, pending customary closing conditions. This funding supports ChowChow Cloud's ongoing cloud technology services and growth initiatives.

ChowChow Cloud International Holdings Limited is the subject, with Pluang market data as context for readers. As of Oct 27, 2026 21:22 WIB, among 150 priced Technology-sector US stocks tradable on Pluang, 69 rose and 81 fell. Notable movers include CRDO at USD 159.67 with a 1-day change of +5.64%, STX at USD 675.75 with +4.90%, and DELL at USD 488.30 with +4.51%. The most notable figure is CRDO's +5.64% increase.

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