MINIMAX plans to issue new shares and bonds at a subscription price of HKD 268 per share.

MINIMAX HKEX announcement: On July 10, 2026, the company entered into a subscription agreement with the placement agent, agreeing to issue and place subscription shares at a subscription price of HK$268 per share. The subscription shares are expected to bring the company total gross proceeds of approximately HK$9.54 billion, with an estimated net amount of around HK$9.491 billion. In addition, the company proposes to issue bonds with a principal amount of HK$65, with a preliminary conversion price of HK$335 per share of Class A shares, representing a premium of approximately 12.64% over the closing price of HK$297.4 per share of Class A shares on the last trading day on the Hong Kong Stock Exchange.