Adjustment to conversion price of the convertible bonds
Filed with HKEX · Stock code 1355 · · 5 pages · English
Summary by 6ix AI
Biosysen Limited has announced an adjustment to the conversion price of its convertible bonds, which affects the number of shares that can be issued upon conversion. The adjustment was triggered by a rights issue where the subscription price was below a specified market price threshold, leading to a new conversion price. As a result, the number of shares available for conversion will increase significantly, reflecting the new terms.
Written by 6ix AI from the company’s filing. How 6ix writes summaries
Earlier from Biosysen
- Proposed rights issue on the basis of one (1) rights share for every two (2) existing shares held on the record date on a non-underwritten basis
- Update on director's information pursuant to rules 13.51(2)(l) and 13.51B(2) of the listing rules
- Delay in despatch of circular regarding the connected transaction in relation to the proposed issue of convertible bonds under Specific mandate
Later from Biosysen
- Monthly Return of Equity Issuer on Movements in Securities For the month ended 30 September 2026
- Monthly Return of Equity Issuer on Movements in Securities For the month ended 31 October 2026
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