GCL Technology Holdings Announces HK$1.17 Billion Convertible Bond Issue

Reuters01-28
GCL Technology Holdings Announces HK$1.17 Billion Convertible Bond Issue

GCL Technology Holdings Ltd. has announced the proposed issue of convertible bonds with an aggregate principal amount of up to HK$1,170,000,000. The bonds will be issued under the company’s general mandate and may be converted into new shares at a conversion price of HK$1.60 per share, subject to adjustment. The subscription agreement for the bonds was entered into on 28 January 2026. The proceeds from this private placement are expected to support the company’s ongoing business operations and development.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. GCL Technology Holdings Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260128-12003983), on January 28, 2026, and is solely responsible for the information contained therein.

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