Flowing Cloud Technology, a former Chinese game development platform that became a metaverse-focused company last December, closed its public offering on Friday and is expected to list on the Hong Kong Stock Exchange (HKEX) on October 18. a listing on HKEX just days after its transition, with the company mentioning the word “metaverse” over 200 times in its prospectus, but “automatically expired” after it failed to achieve listing within the required six months. According to the prospectus, AR/VR marketing services, AR/VR content, and AR/VR SaaS make up the majority of the company’s current revenue; AR/VR marketing services accounted for 72.3% of the company’s total revenue in the first quarter of 2022, and it claims to have…