CMON news has felt like a storm cloud lately, so this update lands like a small but real patch of sunlight.
After what the text calls a turbulent 2025, CMON has completed a share sale on the Hong Kong Stock Exchange. So, instead of more doom, we finally get a forward step. And if you like seeing studios actually fund new projects, this matters. Still, the fine print is where the real story sits.
The share sale and where the money is supposed to go
The sale brings in six new major shareholders and nets CMON about $1.2 million in profit. According to the announcement, CMON plans to put at least half of that cash into developing future games. Meanwhile, about $300,000 is earmarked for marketing and events. Then roughly $150,000 is set aside for normal operations tied to selling board games, miniature war games, and other hobby products. So, the intent is clearly to keep the pipeline alive while also paying for the basics.
Valuation jump and the shadow of stalled crowdfunding
The sale also pegs CMON’s value at around $7.5 million per the exchange. That figure is about 50% higher than the company’s prior valuation during an attempted share sale in 2025 that did not succeed. Therefore, the market read on CMON looks stronger than last year’s attempt.
However, the statement does not say whether any funds will be used to clear the Kickstarter campaigns currently stuck in crowdfunding limbo. That silence matters, because those backers are still waiting. So while this cash helps, it is not automatically a “everything is fixed” signal.
The next checkpoint: annual financial report
CMON is expected to report more at the end of this month in its annual financial report. As of the writing in the text, there is no sign it will be delayed again. That is important, because last year’s late report kicked off much of the trouble. The company issued a profit warning, then the final loss was even worse than predicted. That sequence helped trigger the spiral everyone remembers.
Summary
CMON has raised fresh capital through a Hong Kong share sale, adding new major shareholders and netting about $1.2 million. Moreover, it claims the money will fund game development, marketing, and normal operations, while the company valuation rose to about $7.5 million. However, it did not promise any of that cash will rescue stalled Kickstarter deliveries, so caution is still warranted. Next, the annual financial report at month’s end will be the real test of whether this rebound has legs.
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