FingerMotion shares rise 10.24% intraday after board approves warrant dividend in kind.

FingerMotion surged 10.24% intraday after announcing its board approved a warrant dividend and expanding its AI division in Southeast Asia. The company plans to distribute warrants to purchase shares via an SEC registration process, marking a strategic capital allocation move amid a $79 million market cap. Simultaneously, its Sapientus division intensified Southeast Asian business development following a high-profile industry event, highlighting AI-driven data analytics solutions. These initiatives—returning value through warrants and advancing AI capabilities—likely fueled investor optimism, aligning with the stock’s sharp intraday rally despite the firm’s current non-profitability and low gross margins.