COOLPAD GROUP (02369): Exercise MSTR subscription rights and sell listed securities.
Coolpad Group (02369) announced that all 390 MSTR call options sold by Digital Tech on April 16, 2026 (Eastern Standard Time) were exercised by the relevant holders on April 17, 2026 (Eastern Standard Time). After the exercise of the 390 MSTR call options, Digital Tech must settle the exercise price of $150.00 per share by delivering the corresponding MSTR shares to the relevant holders in exchange for payment.
Coolpad Group (02369) announces that on April 16, 2026 (Eastern Standard Time), 390 MSTR call options sold by Digital Tech were all exercised by the holders of the 390 MSTR call options. After the exercise of the 390 MSTR call options, Digital Tech is required to settle the options by delivering the corresponding MSTR shares to the holders in exchange for the exercise price settlement of $150.00 per share of MSTR.
On April 17, 2026 (Eastern Standard Time), the Group sold 39,000 shares of MSTR in the open market to the holders of the 390 MSTR call options at a price of $150.00 per share of MSTR (excluding transaction costs), for a total cost of approximately $5.85 million (equivalent to approximately HK$45.69 million).
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