HUANXI MEDIA boosts issued shares by 19.90% and issues 731.29 million warrants in April 2026

Bulletin Express
May 05

Huanxi Media Group Limited released its monthly return for the period ended 30 April 2026, highlighting substantial capital market activity driven by a new share placement and a sizeable warrant issue. Key details are as follows:

1. Issued Share Expansion • A placement/subscription executed on 21 April 2026 added 727.64 million ordinary shares at HK$0.30 each, following shareholder approval on 8 January 2026. • Total issued shares (excluding treasury shares) rose 19.90% from 3.66 billion to 4.38 billion.

2. Warrant Issuance • On 21 April 2026, the company issued 731.29 million non-listed warrants at HK$0.01 per warrant. • Each warrant entitles the holder to subscribe for one share at an exercise price of HK$0.44 per share during the five-year period ending 21 April 2031.

3. Authorised Share Capital • Authorised capital remains unchanged at 50 billion shares with a par value of HK$0.01, equivalent to HK$500 million.

4. Public Float Compliance • Management confirmed that the public float met the Main Board’s minimum 25% requirement as of 30 April 2026.

5. Other Capital Instruments • No share options were outstanding or granted during the month, and there were no movements in treasury shares or convertible securities.

The expanded share base and new warrants provide additional funding flexibility while maintaining regulatory compliance on share float requirements.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10