Mobvista Inc. (MOBVISTA) has finalised the conversion of its outstanding convertible bonds, turning the entire US$30.00 million principal and US$3.92 million accrued interest into equity at HK$5.54 per share. The transaction generated 47.46 million new shares, effective 2 June 2026, and leaves the company with no convertible bonds outstanding.

The new shares expanded Mobvista’s issued capital from 1.57 billion to 1.62 billion, representing a 3.01% increase on the pre-conversion base and accounting for 2.93% of the enlarged share count.

Updated shareholdings reported under Hong Kong’s Securities and Futures Ordinance are as follows: • Seamless Technology Limited: 339.86 million shares (20.96%), remaining the largest but no longer a controlling shareholder. • PAGAC III Munich Holding (Cayman) Limited: 151.27 million shares (9.33%). • Temasek Holdings (Private) Limited (via subsidiaries): 90.53 million shares (5.58%). • Other investors: 1.04 billion shares (64.13%).

Seamless retains its position as the single-largest shareholder despite the dilution, while Mobvista’s capital structure is now free of convertible instruments following the completed swap.