Cornerstone Technologies Holdings Limited (CORNERSTONE TEC) filed its Monthly Return for the period ended 31 March 2026, confirming that no changes occurred in its share capital during the month and public-float requirements were fully met. Key disclosures are as follows:
Authorised and Issued Share Capital • Authorised share capital stood unchanged at HKD 1.00 billion, representing 100 billion ordinary shares with a par value of HKD 0.01 each.
• Issued share count remained flat at 1.04 billion ordinary shares; the company held no treasury shares.
Share Options • No option exercises were recorded. Outstanding options totalled 80.65 million, allocated across four grants: – 20.85 million options (exercise price: HKD 0.54; granted 28 Jan 2021) – 1.60 million options (HKD 0.85; granted 17 Jun 2022) – 58.20 million options (HKD 0.79; granted 17 Nov 2022) – 0.00 options currently under the 12 Dec 2023 scheme, with capacity for up to 1.16 million additional options.
Warrants • Two tranches of unlisted warrants are outstanding: – 11.00 million shares exercisable at HKD 0.50, expiring 6 Nov 2027. – 100.00 million shares exercisable at HKD 0.80, expiring 15 Oct 2028. No warrant exercises were reported in March.
Convertible Notes • Unlisted convertible notes with a principal amount of HKD 95.60 million remain outstanding. At an HKD 0.50 conversion price, they are convertible into up to 191.20 million new shares. No conversions occurred during the month.
Public Float and Compliance • The company affirmed compliance with the minimum 25% public-float requirement as at 31 March 2026.
Overall, Cornerstone Technologies’ capital structure was stable in March, with authorised and issued shares unchanged and significant potential dilution capacity residing in outstanding options, warrants, and convertible notes.
Comments