Chapter 494: Chapter 224: Borrowing Money to Buy Shares (2)

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Unconsciously, the time came to July 29th.

Green Water Group was once again facing a cash shortage.

There were two options: the first was to finance from the market, after all, the A-share’s purpose is to provide financing for enterprises.

It’s just... there will be a hefty commission fee.

Financing three billion, getting fifteen billion would already be considered good, the majority would be eaten up by the brokerage platform.

The other option is a private placement.

The difference between the two is just like the difference between public and private offerings.

For Green Water Group, as long as funds are found, private placement comes at almost no cost.

Li Yang currently had no money, so he called Song Yu.

"Sister Song, I have a company that’s recently short on cash, wanted to ask if you’re interested in participating in a private placement, might require over ten billion, see if anyone around is interested."

"Over ten billion, huh? I’ll check and get back to you later."

"Alright, alright."

If Song Yu and the others are not willing to invest, Li Yang would let Convolution Company invest, just a bit troublesome, needing to liquidate part of the chips, affecting subsequent returns.

Green Water Group’s market value is currently stable around five billion, yet still plans a 30% private placement, funds intended for Green Water Heaven and Earth operations.

Once the private placement is successful, his shares will be diluted to 17.6%, others’ shares will also be diluted proportionally.

This way, the county government’s shares would be diluted to only 12%, while Jiang Banxia’s would be less than 6%

Bai Qing remains the largest shareholder, holding over 26%

As for the private placement party, similar to last time, they’ll hold 23%

The calculation of private placement is different from financing, financing calculates the share capital at 100%, financing 30%, means taking away 30%, the remaining 70% is downgraded and adjusted.

After private placement, the share capital is 130%

At this time, Song Yu shouted in the group.

Liu Ruyi immediately privately messaged Song Yu, asking, "How much money is Li Yang needing?"

"Roughly over ten billion, the money I have at hand isn’t much, even taking it all out, it’s less than three billion."

"What about the others?"

"Not much, they’ve spent their money, roughly all between one billion to two billion, Xiangnu has no money to take out. Didn’t specify exactly, need to tally up."

"Then let me know once you’ve tallied."

"Hm? Didn’t you run out of money?"

Song Yu knew very well how much money Liu Ruyi had left.

She borrowed a billion from Cen Yeming, now helping Li Yang stockpile alcohol, estimated she spent most of it.

Even if getting partial payment back from Jiang Banxia, she wouldn’t have much money, not to mention Ruyi Hall constantly losing money, every month losing tens to hundreds of thousands.

Liu Ruyi said, "I’ll think of a way to borrow some."

Song Yu quickly said, "Are you crazy? This time investing in Green Water Group, it doesn’t have high liquidity, the money invested certainly can’t be taken back. Just look at the company’s half-year financial statement, the debt is still expanding, so is the expenditure. Last year’s private placement of over ten billion couldn’t relieve Green Water Group’s financial situation, this time won’t either."

In her view, they have money, can invest in Li Yang, even if not a cent comes back, it’s fine.

Liu Ruyi even thinking of borrowing money? What sources of income does she have? Interest probably won’t even be paid off.

Liu Ruyi said, "It’s fine, I already owe him money."

Song Yu replied with irritation, "He still has Jiang Banxia, needs you to give money?"

In Song Yu’s view, Li Yang was probably really out of money, after all investing over ten billion here, tens of billions over there, earning from the bull market, sounds reasonable if spent it all.

Anyway, she left a little over ten million as pocket money, investing the rest all to Li Yang, feeling it was the right thing to do.

Though the Starry Escape Room business expanded quite a bit, overall profits were quite limited, for now still receiving subsidies from the parent company, merely the users increasing and the entire base getting larger.

This isn’t a major project, even if having first-mover advantage, can’t possibly capture the entire market, the overall market size isn’t large either.

With a market of over ten billion a year, even occupying sixty percent, revenue is still around ten billion, cost expenses may reach up to nine billion.

That’s the best scenario, with no real room for profit, just ensuring survival.

"Jiang Banxia is Jiang Banxia, you do the math first, I’ll try to get the rest for you." Liu Ruyi insisted.

Song Yu had nothing to say.

Crazy, huh? Li Yang already has a girlfriend.

In her view, even if Cen Yeming died, Liu Ruyi’s mind hadn’t normalized.

If not for trusting Li Yang, Song Yu would have rejected straight away.

She trusted Li Yang, assuming that if Liu Ruyi truly encountered issues in the future, she would surely extend a helping hand.

Xiangnu currently really had no money to partake, nearly all her funds were thrown into the live streaming platform, continually burning money.

Xiumu originally had close to three billion, but couldn’t resist, spent quite a bit over the past year, choosing to keep two to three billion, ultimately each person taking out a billion.

Adding up only around seven billion.

"Li Yang, how much do you need over there?"

"Thirteen billion."

"Mm, okay."

Upon receiving this news, Song Yu quietly calculated for a bit.

This time the gap was quite large, a total of six billion short.

How much could Liu Ruyi borrow?

She knew, even if told to borrow six billion, she would likely do it.

She first privately messaged Xiumu and the others, wanting each to pitch in a bit more, she would also mortgage a bit, together taking out nine billion, leaving the remaining four billion to Liu Ruyi.

The pressure was significant, Xiumu and them either selling some things or directly mortgaging.