China’s Xi speaks with Trump by phone, discusses Taiwan and bilateral ties
mF International Limited (MFI) announced a $500 million private placement with accredited institutional investors to fund a digital asset treasury strategy. The Hong Kong-based company plans to sell 50 million class A ordinary shares and pre-funded warrants at $10.00 per share.
The private investment in public equity transaction is expected to close around December 1, 2025. mF International intends to use the net proceeds primarily to acquire bitcoin and establish digital asset treasury operations, along with working capital and general corporate purposes.
The securities will be sold in transactions not involving a public offering and have not been registered under the Securities Act of 1933. The company entered into registration rights agreements with investors, committing to file resale registration statements with the Securities and Exchange Commission.
mF International operates as a British Virgin Islands holding company with three subsidiaries in Hong Kong. Its principal operating subsidiary, m-FINANCE, provides financial trading solutions as software-as-a-service, including forex and commodities trading platforms for brokers and institutional clients across mainland China, Hong Kong and Southeast Asia.
The company has approximately 20 years of experience in financial trading solutions and offers services including the mF4 Trading Platform, CRM systems, and liquidity solutions. Cooley LLP is serving as U.S. legal advisor for the transaction.
Additional details about the offering and securities purchase agreement will be included in a Form 6-K filing with the SEC, according to the company’s statement.