Zhong An Online: Zhong An Technology plans to increase its capital towards Zhong An International, which has entered into share purchase agreements with Cosmos, OKG, and others.
According to CoinVoice's latest news, ZHONGAN Online announced on the Hong Kong Stock Exchange that on August 29, 2025 (after trading hours), ZhongAn International entered into a share purchase agreement with ZhongAn Technology, Z Fin, Warrior, Opportunities Fund, Cosmos, OKG, and Northstar.
Accordingly, ZhongAn Technology conditionally agrees to subscribe, and ZhongAn International conditionally agrees to issue and allocate up to 135,423,860 shares of ZhongAn International common stock at a purchase price of 0.4225 USD per share;
After the subscription matters are completed and at the same time, given that the purchase price of each share of ZhongAn International common stock under the subscription matters is lower than the adjusted purchase price under the previous shareholders' agreement, it will trigger the anti-dilution mechanism under the previous shareholders' agreement, and 3,739,800 shares, 4,313,294 shares, 199,908 shares, and 999,541 shares of ZhongAn International common stock will be issued free of charge to ZhongAn Technology, Z Fin, Warrior, and Opportunities Fund.
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Zhong An Online: Zhong An Technology plans to increase its capital towards Zhong An International, which has entered into share purchase agreements with Cosmos, OKG, and others.
According to CoinVoice's latest news, ZHONGAN Online announced on the Hong Kong Stock Exchange that on August 29, 2025 (after trading hours), ZhongAn International entered into a share purchase agreement with ZhongAn Technology, Z Fin, Warrior, Opportunities Fund, Cosmos, OKG, and Northstar.
Accordingly, ZhongAn Technology conditionally agrees to subscribe, and ZhongAn International conditionally agrees to issue and allocate up to 135,423,860 shares of ZhongAn International common stock at a purchase price of 0.4225 USD per share;
After the subscription matters are completed and at the same time, given that the purchase price of each share of ZhongAn International common stock under the subscription matters is lower than the adjusted purchase price under the previous shareholders' agreement, it will trigger the anti-dilution mechanism under the previous shareholders' agreement, and 3,739,800 shares, 4,313,294 shares, 199,908 shares, and 999,541 shares of ZhongAn International common stock will be issued free of charge to ZhongAn Technology, Z Fin, Warrior, and Opportunities Fund.