BAIJIN LIFE SCI (01466) Issues 119.9 Million Shares Following Convertible Bond Conversion

Stock News
Oct 08

BAIJIN LIFE SCI (01466) announced that on September 29, 2025, the company received a conversion notice from bondholders regarding the exercise of conversion rights attached to convertible bonds with a principal amount of HK$31.5 million at a conversion price of HK$0.2628 per conversion share. Consequently, 119.9 million conversion shares (representing approximately 15.52% of the company's existing issued share capital and approximately 13.43% of the company's enlarged issued share capital following the issuance of the conversion shares) were allotted and issued to the bondholders on October 8, 2025.

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