Monthly Securities Update: CROSSTEC (03893) Issues 100.00 Million New Shares in February 2026

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CROSSTEC Group Holdings Limited (03893) announced that for the month ended 28 February 2026, its authorized share capital remained at 10.00 billion ordinary shares with a par value of HKD 0.01 each, amounting to HKD 100.00 million in total.

The total number of issued shares increased from 296.62 million to 396.62 million during the month. This 100.00 million-share increase stemmed from the partial conversion of two sets of convertible bonds, with subscription prices both at HKD 0.11. Following these conversions, the outstanding amounts of the convertible bonds under the HIL Subscription Agreement and the MKI Subscription Agreement stood at HKD 45.00 million and HKD 27.40 million, respectively.

At the close of 28 February 2026, the company confirmed compliance with the 25% minimum public float requirement. No other movements in treasury shares, warrants, or share options were reported during this period.

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