ZXZN QI-HOUSE(08395): A supplementary agreement will be signed regarding the distribution matters, and trading will resume on May 26th.
Intelligent Smart Home Holdings Limited (08395) announced that the company has entered into a placement agreement with the placing agent regarding the placement matters. On May 25, 2026, the company and the placing agent entered into a supplemental agreement to amend the terms and conditions set out in the placement agreement.
ZXZN QI-HOUSE (08395) announced that the company has entered into a placement agreement with the placing agents regarding the placement matters. On May 25, 2026, the company and the placing agents entered into a supplemental agreement to amend the terms and conditions set out in the placement agreement.
According to the supplement agreement: the placement matters and the issuance and distribution of placement shares will be conducted by way of special mandate and must be approved at a special general meeting of shareholders to be held by the company. The completion date of the placement matters has been revised, and therefore the placement matters will be completed within five business days after all the conditions precedent in the placement agreement are met or waived, or on any other date agreed upon in writing between the company and the placing agents. The placement period has been revised to start from the date of the placement agreement and end on the placement completion date, no later than July 3, 2026, unless terminated in accordance with the terms of the placement agreement. The deadline for fulfilling the conditions precedent has been revised, and as such, the placement shares must be fully placed on or before June 25, 2026, or any other date agreed upon in writing by the parties.
The placement price per share is HK$0.81, representing a discount of 32.50% to the market price of HK$1.20 per share as reported on the Stock Exchange of Hong Kong on the date of the placement agreement.
Other than the above revisions, all terms and conditions of the placement agreement remain unchanged and have full force and effect unless in conflict with the provisions of the supplement agreement.
In addition, the company has applied to the Stock Exchange for the resumption of trading of its shares starting at 9:00 am on May 26, 2026.
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