On February 2, 2026, C.banner International Holdings Limited confirmed the completion of its unlisted warrants issuance under a specific mandate. A total of 474,500,000 warrants were issued to nine independent subscribers at an issue price of HK$0.036 per warrant. The net proceeds from this transaction are approximately HK$16 million, equivalent to a net issue price of around HK$0.034 per warrant.

Based on an exercise price of HK$0.28 per share, the estimated net proceeds from exercising the warrants in full would be around HK$131 million, bringing the total potential proceeds to approximately HK$147 million. According to the company’s disclosure, there is no substantial-shareholder status change from these subscribers upon exercise of the new share subscription rights.

Following the warrant issuance, the public subscribers collectively hold 415,400,000 shares (about 16.67% of the issued share capital). Should all warrants be fully exercised, their combined holding could rise to 889,900,000 shares (about 29.99%). Meanwhile, major shareholders Port Bliss Holdings Limited and Hongguo International Group Limited remain at 19.88% and 11.23% shareholdings, respectively, prior to any warrant exercise. After potential full exercise of the warrants, their holdings would adjust to 16.70% and 9.44%. The overall share capital of C.banner International Holdings Limited would expand from 2,492,400,000 to 2,966,900,000 shares.