Core Viewpoint - The company, Thinker Education (01769), has announced the completion of a subscription agreement, resulting in the issuance of 110 million shares at a subscription price of HKD 2.2 per share, which represents approximately 16.30% of the enlarged issued share capital of the company [1] Group 1: Subscription Details - The subscription agreement's conditions have been met, and the subscription will be completed on October 24, 2025 [1] - A total of 110 million subscription shares will be issued to the subscriber [1] Group 2: Use of Proceeds - The net proceeds from the subscription, amounting to approximately HKD 241 million after expenses, will be allocated for several purposes [1] - Enhancing the quality of education and student learning experiences, including recruiting more course developers, optimizing and enriching course content and materials, renovating facilities, and purchasing teaching equipment [1] - Future potential artificial intelligence projects [1] - Supplementing working capital and general corporate purposes to support the company's strategy [1]
思考乐教育完成发行合共1.1亿股认购股份