Core Viewpoint - Lion Group Holdings (02562.HK) announced the issuance of convertible bonds totaling $35 million, with proceeds intended for investment in gold and related products [1] Group 1: Convertible Bonds Issuance - The issuer, Joy International Investment Limited, a wholly-owned subsidiary of the company, has entered into an agreement with the subscriber, LMR Multi-Strategy Master Fund Limited, for the subscription of convertible bonds [1] - The convertible bonds will have an initial conversion price of HKD 11.96 per share, representing a premium of approximately 7.65% over the last closing price of HKD 11.11 prior to the agreement [1] - If fully converted at the initial conversion price, the bonds will convert into approximately 22.73 million new shares, accounting for about 4.96% of the existing issued share capital [1] Group 2: Financial Details - The total proceeds from the issuance of the convertible bonds will be $35 million, with net proceeds estimated at approximately $33.57 million (equivalent to about HKD 260.8 million) after deducting related expenses and professional fees [1] - The company plans to utilize the net proceeds for investments in gold, gold-backed, and/or gold-related products [1]
狮腾控股(02562.HK)拟发行本金总额3500万美元可换股债券