IntelliMark AI International Limited (Stock Code: 8041) announced a proposed bonus issue of listed warrants on the basis of one warrant for every five existing shares held on the record date, currently scheduled for 20 March 2026. Each warrant will carry the right to subscribe for one new share at an initial price of HK$0.60, representing a discount of approximately 15.49% to the 10 February 2026 closing price of HK$0.71 and 16.67% to the five-day average closing price of HK$0.72. Pending regulatory clearances, 163,907,123 warrants would be issued, and full exercise would raise around HK$98.34 million.

The board also proposed changing the minimum trading board lot of shares from 20,000 to 5,000, with an effective date of 9 March 2026. According to the announcement, lowering the board lot size is intended to expand the shareholder base and enhance trading liquidity. The timetable details several key dates, including the last day for trading in shares with old board lot size (6 March 2026) and the commmencement of trading in warrants on the Stock Exchange (31 March 2026).

Potential proceeds from any warrant exercises are earmarked primarily for strengthening operations in manufacturing and trading of swimwear and garment products, expanding e-commerce and online shopping inventory, extending money-lending activities, and covering general working capital. The new shares issued through the exercise of warrants will be ranked equally with the existing ordinary shares of IntelliMark AI International Limited once officially listed.