Sabuy Technology Public Company Limited announced a private placement to issue 1,300,000,000 shares with a par value of 1.00 baht per share, for sale to a limited number of persons with the offering price THB 2.3 per share for a gross proceeds THB 2,990,000,000 on April 10, 2024. The transaction includes participation from new investor, Lightnet Pte. Ltd and Anonchai Veeraprawat.

Lightnet Pte. Ltd will subscribe 1,200,000,000 shares and Arnonchai Veerapravati will subscribe 100,000,000 shares. The transaction was approved by shareholders and board of directors.