Core Viewpoint - The company, Qianbaidu (01028), has entered into subscription agreements with nine subscribers to issue a total of 415.4 million subscription shares at a price of HKD 0.205 per share, representing a discount of approximately 16.67% compared to the last trading price of HKD 0.246 [1] Group 1: Subscription Details - The total subscription price for the shares is estimated at HKD 85.157 million [1] - Additionally, the company will issue 474.5 million warrants at an issue price of HKD 0.036 per warrant, each warrant allowing the holder to subscribe for one share at an exercise price of HKD 0.28 [1] - The estimated net proceeds from the issuance of subscription shares and warrants are expected to be HKD 80 million and HKD 16 million, respectively [1] Group 2: Use of Proceeds - If all warrants are exercised, the estimated net proceeds to the company will increase to approximately HKD 131 million [1] - The company plans to use the proceeds for general working capital, including exploring the development and application of artificial intelligence in upgrading its business, building an AI-enabled business ecosystem, and recruiting AI talent [1]
千百度(01028)拟发行合共4.154亿股认购股份及4.745亿份认股权证