METASPACEX (01796) received a default notice from a bondholder.

METASPACEX (01796) issued an announcement on July 16, 2026, stating that the company has received a default notice from a bondholder related to a bond with a principal amount of 5 million Hong Kong dollars issued by the company on April 24, 2025. The notice states that the company failed to fully pay the interest on the bond upon maturity, constituting a breach of the company's obligations and default event under the relevant documents of the bond. The bondholder has requested immediate repayment of the principal amount of the bond, together with the accrued interest. As of the date of this announcement, there is still an outstanding amount of approximately 210,000 Hong Kong dollars in unpaid interest on the bond. The company will engage in discussions with the bondholder regarding the above matter.