Summary by Moomoo AI
On August 20, 2024, Kwai Technology submitted a new next-day disclosure report, disclosing changes in its issued shares or treasury shares. According to the report, on August 20, 2024, Kwai Technology issued 6,643 new shares due to the exercise of employee stock ownership plan options before its initial public offering, with an issue price of HKD 0.3273 per share, accounting for 0.0002% of the issued shares. In addition, the company repurchased a total of 1,128,800 shares between August 8 and 20, 2024, with repurchase prices ranging from HKD 43.8276 to HKD 44.9921 per share. The repurchased shares are intended to be cancelled but not yet cancelled. Kwai Technology confirms that all issued shares or treasury shares sold or transferred have been formally authorized and approved by the board of directors, and in compliance with all applicable listing rules, laws and other regulatory requirements.