GCL Tech maintains share capital in May; USD 148.00 million convertible bonds could add up to 2.89% new shares

Bulletin Express06-04 12:04

GCL Technology Holdings Limited (GCL Tech) filed its monthly return for the period ended 31 May 2026, confirming stable share capital and highlighting the outstanding size of its April-issued convertible bonds.

Authorised and issued share capital • Authorised capital remained unchanged at 50.00 billion ordinary shares with a par value of HKD 0.10, equivalent to HKD 5.00 billion. • Issued shares stood at 33.22 billion, with no treasury shares on record, mirroring the April closing balance. • The company affirmed full compliance with Hong Kong’s 25 percent minimum public-float requirement.

Convertible bonds detail • Outstanding amount: USD 148.00 million of bonds issued under the 29 April 2026 subscription agreement. • Conversion price: USD 1.21 per share. • Maximum shares on full conversion: 958.56 million, equal to roughly 2.89 percent of current issued share capital.

No share options, warrants, other convertible instruments, or additional equity movements were reported for the month.

Regulatory confirmations The filing states that all necessary board authorisations, regulatory filings, and listing rule conditions relating to securities issued or outstanding during the month have been satisfied.

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