Synagistics Limited (formerly HK Acquisition Corporation) reported a modest expansion of its issued share base in its Monthly Return for the period ended 30 April 2026.

Key Developments • Authorised capital unchanged – The company’s authorised share capital remained at 1.10 billion ordinary shares with a par value of HKD 0.0001 each, equivalent to HKD 0.11 million.

• Issued shares edge higher – Total issued ordinary shares (excluding treasury shares) rose by 1.69 million during April, reaching 459.89 million shares. The increase stemmed entirely from the allotment of Restricted Share Units (RSUs) under the Share Award Scheme, as detailed in previous disclosures. No treasury shares were held or transferred.

• Public float compliant – Synagistics confirmed that it continues to meet the Main Board’s minimum 25% public float requirement following the month-end changes.

Capital Instruments in Force • Share Option/RSU Programme – 556,600 share options remain outstanding, with capacity for up to 26.22 million further shares to be issued upon full exercise of options yet to be granted. In addition, 10.60 million shares could be issued on future RSU vesting.

• Warrants – 120,750 Successor SPAC Warrants and 15.70 million Successor Promoter Warrants are outstanding. Both series carry an exercise price of HKD 11.50 per share and expire on 30 October 2029; no warrant exercises occurred in April.

• Earn-out arrangement – Up to 52.10 million “Target Company Founder Earn-out Shares” may be issued between October 2025 and October 2029, contingent on performance milestones set out in the earn-out agreement approved on 25 October 2024.

Capital Structure Snapshot (30 April 2026) • Authorised shares: 1.10 billion • Issued shares: 459.89 million • Treasury shares: None

The April return confirms continued compliance with Hong Kong Listing Rules, with all securities issuances duly authorised and proceeds, where applicable, received in full.