Manycore Tech Inc. announced that the over-allotment option connected to its recent global offering has been fully exercised by the sponsor-overall coordinators. The exercise covers 24.09 million shares—equivalent to 15% of the original offer size—that will be issued at HK$7.62 per share, matching the global offering price.

Listing approval for the over-allotment shares has been granted by the Hong Kong Stock Exchange, with trading scheduled to begin on 23 April 2026 at 9:00 a.m. The shares will be used to return the same number of shares borrowed under a stock-borrowing arrangement with Wintermatch International Limited.

Share capital will increase from 1.70 billion shares to 1.73 billion shares following the issuance. The public float remains in compliance with Listing Rule 8.08(1).

Net proceeds of approximately HK$174.40 million, after underwriting fees and related expenses, will be allocated on a pro-rata basis according to the “Future Plans and Use of Proceeds” section outlined in the company’s prospectus.

A post-stabilisation announcement will be issued after the end of the stabilisation period as required under Hong Kong’s Securities and Futures (Price Stabilizing) Rules.