Core Viewpoint - The company, Huaxi Media, has entered into a share subscription agreement with C River Co, involving the issuance of 548 million shares at a subscription price of approximately HKD 0.30 per share, which represents a discount of about 22.08% compared to the market closing price on November 11 [1] Group 1: Share Subscription Agreement - Huaxi Media will issue approximately 1.9 billion warrants to C River Co, with an exercise price of HKD 0.01 per warrant [1] - The total price, including the warrants, represents a premium of about 16.88% over the closing price of HKD 0.385 per share on November 11 [1] - If all warrants are exercised, Huaxi Media will issue up to 1.889 billion shares, equivalent to 51.66% of the existing issued share capital as of the announcement date [1] Group 2: Strategic Cooperation - Huaxi Media has established a deep strategic cooperation with Shanghai Jiyue Xincheng Intelligent Technology Co, focusing on five areas: data cooperation, model and agent research and development, scenario cooperation, joint production and creation, and resource capital cooperation [2] - The collaboration aims to explore AI solutions in the film and entertainment sector, including data system construction and core technology development [2] - The partnership will also facilitate the joint production of film content using AI technology and the diversified development of related intellectual property [2]
欢喜传媒定增融资 事关宁浩徐峥及多家上市公司