Kingkey Financial International Issues Clarification on Share Subscription Pricing and Structure

Reuters
Jul 03
Kingkey Financial International Issues Clarification on Share Subscription Pricing and Structure

Kingkey Financial International (Holdings) Ltd. issued a supplemental announcement to clarify details regarding its subscription of shares in Amber International Holding Limited. The company explained that each American Depositary Share $(ADS.AU)$ on the NASDAQ Global Market represents five Class A Ordinary Shares of the Issuer. The subscription price was set at US$2.09 per Class A Ordinary Share, equating to US$10.45 per ADS. This clarification aims to provide a better understanding of the pricing structure for stakeholders.

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