mF International shares surge 18.18% intraday after private placement, board restructuring, and equity incentive plan.

mF International surged 18.18% intraday, driven by the company's announcement of a private placement offering 50 million Class A ordinary shares and pre-funded warrants at $10 per share to qualified institutional buyers, significantly boosting its capital strength. Additionally, the company streamlined its board structure to two executive directors and three independent directors following the resignation of two former executives, and approved a 2025 equity incentive plan reserving 184,046 shares (10% of issued shares) for employee incentives, effective until 2035.