Momentum Financial Holdings Ltd. has announced the conversion of its convertible bonds as part of a recent debt restructuring. On December 2, 2025, the company received conversion notices from Rosy Benefit, resulting in the conversion of HK$40 million in principal amount of convertible bonds into 547,945,205 new shares at a price of HK$0.073 per share. This conversion follows earlier steps in the debt restructuring process and results in Rosy Benefit holding a significant stake in the company. The transaction is part of a broader restructuring involving the issuance of conversion shares to several parties, including Lumina Investment, Ms. Li, and Ms. Tian.
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. Momentum Financial 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-20251208-11947836), on December 08, 2025, and is solely responsible for the information contained therein.
