Coolpad Announces Prospectus Dispatch Delay for Rights Issue; Board Lot Size Change Proceeds as Scheduled

Bulletin Express11-10

Coolpad Group Limited has postponed the distribution of prospectus documents for its proposed rights issue. The materials, originally slated for dispatch on 11 November 2026, are now expected to be sent on or before 25 November 2026 to allow additional time for finalising the information.

The rights issue remains unchanged: eligible shareholders will be offered one rights share for every two existing shares held on the record date on a non-underwritten basis. Details of the revised timetable will be released once finalised.

Separately, Coolpad confirmed the planned change in board lot size from 4,000 shares to 5,000 shares will take effect at 9:00 a.m. on 13 November 2026, unaffected by the prospectus delay. To facilitate trading of odd lots resulting from the new lot size, Arta Global Markets Limited will provide best-effort matching services between 13 November 2026 and 3 December 2026.

The company reiterated its risk warning, advising shareholders and potential investors to exercise caution when trading the company’s shares or any nil-paid rights shares.

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