认购事项的所得款额总额及所得款额净额将分别为2000万港元及约2000万港元。集团拟将发行可换股债券所得款额净额用作偿还集团债务及用作一般营运资金，包括偿还员工成本、法律及专业费用、核数师薪酬、租金开支及其他营运开支。Kidztech (06918) announced that after the trading session on December 3, 2024, the company entered into a subscription agreement with the subscriber...
Zhongtong Finance and Economics APP news, Kidztech (06918) announced that after the trading session on December 3, 2024, the company entered into a subscription agreement with the subscriber, involving the issuance of convertible bonds with a total principal amount of 20 million Hong Kong dollars.
After all the convertible bonds are converted at the initial conversion price of 0.160 Hong Kong dollars per share (adjustable), a total of 0.125 billion shares of convertible stock will be issued, equivalent to about 20.00% of the company's existing issued share capital and about 16.67% of the company's issued share capital after the issuance of convertible shares. The issuance of convertible shares will be conducted in accordance with general authorization.
The total amount and net amount of proceeds from the subscription will be 20 million Hong Kong dollars each. The group plans to use the net proceeds from the issuance of convertible bonds to repay group debt and for general operating funds, including payment of employee costs, legal and professional fees, auditor compensation, rental expenses, and other operating expenses.
