ASCENTAGE-B (06855): Delivery of the exercise of the excess rights issue in connection with the sale of American Depositary Shares.

ASCENTAGE-B (06855) announced that the underwriter has exercised the over-allotment option and the delivery of the relevant over-allotment shares was completed on February 13, 2025 (Eastern Time). The company issued 935,144 American Depositary Shares at a price of $17.25 per share (equivalent to 3,740,600 shares of the underlying stock) following the exercise of the over-allotment option, representing approximately 1.07% of the total issued ordinary shares. The total proceeds from the sale of the optional American Depositary Shares under the offering amount to approximately $16.13 million. The net proceeds from the sale of the optional American Depositary Shares under the offering amount to approximately $1.1 million.