On 3 March 2026, Alpha Professional Holdings (00948) disclosed a change in issued shares through the allotment and issuance of 35.00 million new ordinary shares at an issue price of HK$0.28. This represents approximately 9.28% of the 377.28 million issued shares before the placement.

Following the issuance, the total number of issued shares rose to 412.28 million. The new share placement was conducted under a general mandate for debt capitalisation pursuant to a settlement deed dated 12 February 2026, according to the announcement.