Summary by Moomoo AI
BUCK 1798 GROUP LIMITED FILED A NEXT DAY DISCLOSURE REPORT ON JANUARY 17, 2024 DISCLOSING CHANGES IN ITS ISSUED SHARE CAPITAL. Under the distribution agreement dated December 22, 2023, the Company completed the distribution of new shares on January 16, 2024, which was made under general authorization. This distribution added 74,049,028 shares of common stock, representing 16.67% of the Company's shares issued prior to the distribution. The issue price of the new shares was HK$0.56 per share, a decrease of 11.11% from the closing price of HK$0.63 on the previous business day. After the distribution, the issued share capital of the company increased to 444,294,170 shares. The Company confirms that all relevant laws and listing requirements have been complied with and that all conditions have been met.