EV DYNAMICS (00476) completed the issuance of 3.84 million subscribed shares, raising approximately HK$1.98 million net.

date
16:37 14/05/2026
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GMT Eight
Ke Xuan Power Holdings (00476) announced that the Board of Directors is pleased to announce that all the preconditions set out in the second subscription agreement have been met, and the second subscription has been completed on May 14, 2026 in accordance with the terms and conditions of the second subscription agreement. 3.84 million subscription shares (equivalent to approximately 1.18% of the issued share capital of the Company immediately after the completion of the second subscription) have been subscribed at the subscription price of HK$0.52 per share. The net proceeds of approximately HK$1.98 million from the second subscription will be used in the manner disclosed in this announcement.
EV DYNAMICS (00476) announced that the Board of Directors is pleased to announce that all the preconditions set out in the second subscription agreement have been fulfilled. The second subscription has been completed on May 14, 2026 in accordance with the terms and conditions of the second subscription agreement. A total of 3.84 million shares (equivalent to approximately 1.18% of the enlarged issued share capital of the Company after the completion of the second subscription) have been subscribed at a subscription price of HK$0.52 per share. The net proceeds from the second subscription, approximately HK$1.98 million, will be used in the manner disclosed in this announcement.