Core Viewpoint - Company has entered into a subscription agreement to issue 110 million shares at a subscription price of HKD 2.2 per share, representing a discount of approximately 13.04% from the closing price on the date of the agreement [1] Summary by Relevant Sections Subscription Details - The subscription price of HKD 2.2 per share is lower than the closing price of HKD 2.53 on the date of the agreement, indicating a discount of about 13.04% [1] - The shares to be issued represent approximately 19.47% of the company's existing issued share capital and about 16.30% of the enlarged issued share capital post-subscription [1] Financial Implications - The total gross proceeds from the subscription are expected to be approximately HKD 242 million, with net proceeds anticipated to be around HKD 241.3 million [1] Use of Proceeds - The net proceeds will be utilized to enhance the quality of education and student learning experiences, including recruitment of more course developers, optimization and enrichment of course content and materials, renovation of facilities, and acquisition of teaching equipment [1] - Future potential projects may include artificial intelligence initiatives, along with supplementing working capital and general corporate purposes to support the company's strategy [1]
思考乐教育拟折让约13.04%配股 净筹约2.41亿港元