Bilibili (HKG:9626) is set to raise $90 million through the full exercise of an overallotment option linked to its recent $600 million convertible bond issue, a Friday filing with the Hong Kong bourse said.
The new notes share the same terms, with a 2030 maturity and a conversion price of HK$185.63 per Class Z share.
If fully converted, the optional notes would add about 3.8 million shares, bringing the total potential dilution to 7% of outstanding share capital.
Additional net proceeds of $88.7 million will be used to boost content, IP development, monetization, and fund share repurchases.
Shares of the entertainment company were up nearly 4% in recent trade.
免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。