StockWatch
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Paper & Paper Products
Board Meeting14 Sept 2026, 02:06 pm

String Metaverse Ltd Closes Trading Window for Fund Raising

AI Summary

String Metaverse Ltd has announced the closure of its trading window for designated persons and their relatives, effective September 15, 2026. This closure is in anticipation of a Board of Directors meeting scheduled for September 17, 2026. The primary agenda for the board meeting is to consider and approve a preferential issue or private placement of equity shares and/or other eligible securities, including convertible securities, to raise funds. The trading window will reopen 48 hours after the outcome of the board meeting is publicly disclosed.

Key Highlights

  • Trading window closed for designated persons from Sep 15, 2026.
  • Board meeting on Sep 17, 2026, to consider fund raising.
  • Fund raising via preferential issue/private placement planned.
  • Trading window to reopen 48 hours post-announcement.