HONY MEDIA (00419) Issues Approximately 598 Million New Shares Upon Conversion of Convertible Bonds

Stock News11-28

HONY MEDIA (00419) announced that the company has received a conversion notice from United Strength LS Limited (the subscriber). Accordingly, the subscriber has exercised its right to partially convert convertible bonds with a total principal amount of HKD 60 million at an adjusted conversion price of HKD 0.1003 per share. As a result, the company allotted and issued approximately 598 million new shares to the subscriber on November 28, 2025. Following the completion of the conversion, the outstanding principal balance of the convertible bonds remains HKD 60 million.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment