Summary by Moomoo AI
Aerospace Hi-Tech Holding Group Limited ("Aerospace Hi-Tech") announced on June 14, 2024 that the company has entered into a subscription agreement with individual investor Mr. Ren Ran. Accordingly, Aerospace Hi-Tech will issue and distribute 31,800,000 new shares to Mr. Ren, representing approximately 8.89% of the company's issued share capital. The subscription price is HK $1.01 per share, representing a discount of approximately 14.41% from the closing price of HK $1.18 on the last trading day, and a discount of approximately 19.33% from the average closing price of HK $1.252 in the last five trading days. After the subscription is completed, Aerospace Hi-Tech will raise a total of approximately HK $32.12 million, with a net amount of approximately HK $31.8 million after deducting related expenses, which is...Show More