FORGAME (00484) has announced that on September 26, 2025, the company executed a fixed-rate equity-linked note with a principal amount of $750,000, excluding transaction costs. The price of the underlying shares for the note closed below the exercise price on April 2, 2026. As of the announcement date, under the terms of the note, the company is obligated to receive 736,600 shares of Longfor Group at the exercise price, for a total consideration of approximately $750,000, excluding transaction costs. The average price paid per share for the Longfor Group stock, excluding transaction costs, is about $1.023, equivalent to approximately HK$7.98.