SMOORE INTL (06969) announced that on October 28, 2025, the company subscribed to notes with a principal amount of $20 million (approximately HK$156 million) issued by Morgan Stanley Finance LLC. On October 31, 2025, the company further subscribed to notes with a principal amount of $60 million (approximately HK$468 million) issued by the same issuer. The subscription was funded by the group's existing cash reserves and free cash flow.