Hony Media clarifies convertible bond conversion price cut to HK$ 0.99 per share

PUBT · 2d ago
Hony Media clarifies convertible bond conversion price cut to HK$ 0.99 per share
  • Hony Media Group clarified terms of its Convertible Bonds adjustment tied to completion of a transaction, effective July 31, 2026.
  • Conversion Price on outstanding Convertible Bonds reset to HK$ 0.99 from HK$ 1.
  • Maximum shares issuable on full conversion increased to 60,453,400 from 59,820,538.
  • Convertible Bonds outstanding principal totals HK$ 60 million, implying 60,453,400 shares at the adjusted conversion price.
  • John Huan Zhao deemed interested in 120,273,938 shares via United Strength LS, including 59,820,538 shares plus the Convertible Bonds.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Hony Media Group published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260806-12275893), on August 06, 2026, and is solely responsible for the information contained therein.