2026 marks a significant turning point for HVA Group as HVA Investment Joint Stock Company (UPCoM: HVA) launches a large-scale private placement of shares to raise a maximum charter capital of VND 493 billion after successful offering. The goal of this fundraising is to accelerate its digital asset strategy, particularly focusing on two key projects: the DNEX digital asset trading simulation platform and the HVA.vn investment platform.
This plan coincides with the Government's issuance of Resolution 05/2025/NQ-CP on piloting the cryptocurrency market. This is the first legal framework for the digital asset sector in Vietnam, creating favorable conditions for HVA Group to accelerate the deployment of its digital financial ecosystem.
The offering method and target investors comply with legal standards.
HVA is conducting a private placement of shares to strategic investors and professional securities investors in accordance with the Securities Law.
In the event that the approved number of shares is not fully distributed, the HVA Board of Directors will proactively seek and distribute them to other qualified investors. This helps ensure the fundraising is effective and fully compliant with legal regulations.
Issuance scale and impact on HVA's financial capacity.
The issuance of 35.65 million shares is equivalent to 261,171 TP3T of outstanding shares. After the successful issuance, HVA's charter capital is expected to increase from VND 137 billion to VND 493 billion, an increase of more than 3.6 times compared to before the issuance.
The offering price of VND 18,050 per share is set slightly lower than the market price of VND 18,500. This increases the competitiveness of the offering and attracts the interest of the target group of investors. The implementation is expected to take place in the first and second quarters of 2026.
Capital utilization plan for three strategic projects.
According to the allocation plan, HVA expects to use VND 356.5 billion from the raised capital for three key projects in the digital asset ecosystem and smart infrastructure development.
Volt City Project – Integrated Transportation Hub in Can Tho
HVA has allocated VND 200 billion to Volt City, a model of an integrated mobility center that utilizes data, energy, and transportation technology. Volt City is considered a strategic step in developing smart cities and expanding digital infrastructure in the Mekong Delta.
DNEX digital asset trading simulation platform
Over 100 billion VND has been invested in completing the DNEX exchange, a key project of HVA Group in the digital asset sector. This capital focuses on items such as digital asset trading infrastructure, custody system, identification, risk management, and compliance with KYC/AML standards as required by the Government's pilot program.
HVA.vn Investment Platform
The HVA.vn project has been allocated VND 56.5 billion to develop into a central platform connecting users with digital asset products. HVA.vn plays a crucial role in the strategy of expanding the digital finance ecosystem and creating value for individual investors.
Strategic investor and committed to partnering with HVA Group.
According to the approved private placement plan, HVA plans to distribute shares to a group of strategic investors and professional securities investors, selected based on criteria of financial capacity and alignment with the company's long-term development direction.
If the issuance process is completed according to the planned structure, the strategic investor group could hold approximately 79,021 TP3T of HVA's charter capital. All shares distributed through the private placement are subject to a three-year transfer restriction period, in accordance with legal regulations and the company's objective of maintaining the stability of its strategic shareholder base.
Market impact and growth prospects of HVA
2025 marks a pivotal year in HVA Group's digital asset strategy as the company announces plans to launch the DNEX exchange in Da Nang with a collaborative investment of VND 10,000 billion. Despite fluctuations following general market trends, HVA's stock liquidity remains stable at around 120,000 shares per session. This reflects investor confidence in HVA Group's long-term development strategy in the digital asset sector.
Conclusion: HVA accelerates its digital asset strategy and strengthens its pioneering role.
This share issuance helps HVA Group strengthen its financial capacity to deploy its digital asset ecosystem, while also promoting the DNEX, HVA.vn, and Volt City projects. These projects form a crucial foundation for the company to position itself as a pioneer in the digital asset sector in Vietnam.
With the participation of numerous strategic investors and an increasingly完善 legal framework, HVA Group is facing a great opportunity to expand its market, develop digital financial infrastructure, and contribute to the future of Vietnam's digital economy.
