Summary by Moomoo AI
Cornerstone tec Holdings Limited submitted its next day disclosure statement on August 29, 2024, disclosing a change in the number of shares issued. According to the statement, the company had 905,755,399 shares issued as of July 31, 2024. On August 29, the company issued 47,820,000 new shares through a placement agreement at a price of 0.53 Hong Kong dollars per share, representing 5.28% of the issued shares before the change. After this share issuance, the total number of issued shares of the company increased to 953,575,399. The company confirmed that the share issuance had been approved by the board of directors and complied with all applicable listing rules, laws, and other regulatory requirements. Details of the share issuance were disclosed in the company circular dated August 2, 2024.