SKY Light Holdings Ltd., a company incorporated in the Cayman Islands, has announced a new shareholder agreement involving the placement of convertible bonds under a general mandate. The previous proposed placing of convertible bonds has been terminated. The new agreement involves Funderstone Securities Limited as the placing agent. The completion of this placing is contingent upon the fulfillment of several conditions precedent as outlined in the agreement. Shareholders and potential investors are advised to exercise caution as the placing may or may not proceed. The conversion price is set at HK$1.56 per share, subject to adjustments.
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.