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KNOWLEDGE ATLAS Proposes Issuance of A Shares for Listing on SSE STAR Mkt
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KNOWLEDGE ATLAS (02513.HK) announced that at a board meeting held yesterday (1st), the company proposed to apply to relevant PRC regulatory authorities for the allotment and issuance of A shares, and to apply to the Shanghai Stock Exchange (SSE) for the listing and trading of such A shares on the STAR Market. The proposed A-share issuance will account for between 2% and 8% of the company's total issued share capital upon completion of the proposed A-share issuance (excluding any A shares to be issued upon exercise of the over-allotment option), representing not less than 9.0988 million shares and not more than 38.769 million new A shares. The proposed A-share issuance is subject to approval by shareholders by way of a special resolution at the annual general meeting, as well as approvals from the China Securities Regulatory Commission and the Shanghai Stock Exchange. In addition, the company intends to change its English name from "Knowledge Atlas Technology Joint Stock Company Limited" to "Z.AI Co., Ltd", based on its actual operational needs. Auto-translated by AI This article was automatically translated by AI, the original language version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. More Details
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