Mint Incorporation Raises HK$5 Million in Related-Party Class B Share Placement
Mint Incorporation Limited Class A ( (MIMI) ) has issued an announcement.
On May 18, 2026, Mint Incorporation Limited signed a related-party share purchase agreement with principal shareholder Deep Vision Enterprise Limited, which is wholly owned by chairman and chief executive Hoi Lung Chan, to issue 211,879 Class B ordinary shares at US$3.01 per share for a total subscription of HK$5 million. The pricing was set in line with the May 15 Nasdaq market price of Mint’s Class A shares, and after receiving the funds the company completed the private placement on May 26, 2026, boosting its capital while further concentrating voting power with its controlling shareholder; the board and audit committee reviewed the terms and concluded the transaction was fair and in the best interests of shareholders.
More about Mint Incorporation Limited Class A
Mint Incorporation Limited is a British Virgin Islands-incorporated company whose Class A ordinary shares trade on the Nasdaq Capital Market under the ticker symbol MIMI. The company has a dual-class share structure, with Class A ordinary shares listed and Class B ordinary shares carrying twenty votes per share and being convertible into Class A shares but not listed on any exchange.
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