Core Viewpoint - Hongyi Cultural Group (00419) has completed a subscription agreement, fulfilling all conditions precedent, with the completion date set for November 17, 2025 [1] Group 1: Subscription Agreement Details - The company has issued a total of 638 million subscription shares at a subscription price of HKD 0.039 per share, representing approximately 4.70% of the total issued share capital prior to completion and approximately 4.49% after the issuance [1] - Following the completion of the subscription, the conversion price of the outstanding convertible bonds has been adjusted from HKD 0.1014 to HKD 0.1003 per share, effective from November 17, 2025 [1] Group 2: Impact on Convertible Bonds - The maximum number of shares that can be issued upon full conversion of the convertible bonds has increased from 1.183 billion shares to 1.196 billion shares due to the adjustment in the conversion price [1]
弘毅文化集团(00419):完成发行合共6.38亿股认购股份