MiniMax Seeks $1.9 Billion From Share Sale, Convertible Bond

Bloomberg 2026-07-09 16:08:36
Context: MiniMax Group Inc. is seeking to raise up to $1.9 billion through a share sale and convertible bond offering. The terms of the deals, seen by Bloomberg News, outline the company's plan to sell new shares and convertible bonds worth up to HK$14.54 billion.

Key Facts

  • MiniMax Group Inc. is looking to raise as much as HK$14.54 billion, which is equivalent to $1.9 billion, from selling new shares and convertible bonds.
  • The terms of the deals were seen by Bloomberg News, indicating a significant fundraising effort by the company.
  • The fundraising effort involves the sale of new shares and convertible bonds, with the total value of the offering reaching up to HK$14.54 billion.

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