Addvalue Technologies Ltd announced that it has issued 48.5 million new ordinary shares following the conversion of its 2024 convertible loan notes (CLNs) and detachable warrants.

On Dec, 15 2025, CLN holders converted 33.5 million notes with an aggregate principal value of about 0.44 million Singapore dollars at an exercise price of S$0.013 per share. On the same day, warrant holders exercised 15.0 million warrants at the same price, raising approximately 0.20 million Singapore dollars in cash for the company.

The new shares will be listed and quoted on the Singapore Exchange on Dec, 24 2025, increasing the company’s issued share capital from 3,383.7 million to 3,432.2 million shares. The enlarged paid-up share capital now stands at 121.61 million Singapore dollars. The additional shares represent 1.41% of the company’s enlarged share base.

After the transaction, 29.0 million CLNs and 29.0 million warrants issued to restricted persons remain outstanding, while no CLNs or warrants remain under the non-restricted tranche. Proceeds from the warrant exercise will be used for working-capital needs, including payroll and general administrative expenses.