Zhongan Online: Zhongan Technology plans to increase capital to Zhongan International, which will enter into a share purchase agreement with Cosmos, OKG and others
Source: ForesightNews
Time: 2025-08-31 22:48:40
Zhongan Online announced on the Hong Kong Stock Exchange that on August 29, 2025 (after the trading period), Zhongan International entered into a share purchase agreement with Zhongan Technology, Z Fin, Warrior, Opportunities Fund, Cosmos, OKG and Northstar. Accordingly, Zhongan Technology has the conditional agreement to subscribe, and Zhongan International has the conditional agreement to issue and allocate up to 135,423,860 Zhongan International common shares at a purchase price of US$0.4225 per Zhongan International common shares; after the subscription is completed and at the same time, given that the purchase price of Zhongan International common shares under the subscription is lower than the adjusted purchase price under the previous shareholder agreement, the anti-dilution mechanism under the previous shareholder agreement will be triggered, and it will be free of charge to Zhongan Technology, Z Fin, Warrior and Opportunities Fund issues 3,739,800 shares, 4,313,294 shares, 199,908 shares and 999,541 shares of Zhongan International Common Stock.