Horizon Robotics (HORIZONROBOT-W) filed its Monthly Return for the period ended 31 March 2026, indicating no changes in either authorised or issued share capital during the month.
Authorised Share Capital • Class A weighted-voting-right (WVR) ordinary shares remained at 2.12 billion, while Class B WVR ordinary shares stood at 17.88 billion. • Combined authorised capital stayed at USD 50,000, with par value for both classes fixed at USD 0.0000025 per share.
Issued Shares and Public Float • Issued Class A shares were unchanged at 2.12 billion. • Issued Class B shares, the company’s Hong Kong–listed class (stock code 09660), held steady at 12.53 billion. • No treasury shares were recorded for either class, and the company confirmed compliance with the Main Board’s 25 percent minimum public-float requirement.
Equity Incentive Arrangements • The Post-IPO Share Incentive Plan, adopted on 8 October 2024, did not lead to any share issuance in March. • A total of 505.43 million Class B shares remain available for future option grants under the scheme mandate, and 14.50 million shares may be issued under other arrangements linked to the same plan.
Convertible Instrument • The outstanding principal of the USD-denominated convertible loan due 7 December 2026 was unchanged at USD 924.86 million. • The loan automatically converts into Class B shares at HKD 3.99 per share upon maturity, subject to a 9.9 percent shareholding cap for CARIAD Estonia AS; any residual balance is to be settled in cash.
Cash Proceeds and Treasury Activity • The company reported no cash inflow from option exercises and no movement in treasury shares during the month.
Overall, the March filing underscores a stable capital structure for Horizon Robotics, with sizeable headroom remaining under existing share incentive schemes and an unchanged convertible loan scheduled to mature in December 2026.