Summary by Futu AI
STASI GROUP HOLDINGS LIMITED (THE “STASI GROUP”) ANNOUNCES THAT IT WILL CONDUCT A SHARE OFFERING TO OFFER THREE SHARES TO ITS SHAREHOLDERS ON THE BASIS OF ONE SHARE OF EXISTING SHARES HELD. The subscription price for the shares is HK$0.045 per share and must be paid in full by 4pm on 15 January 2024. The offering will be made on an outsourced basis and the relevant Articles of Association will be issued on 29 December 2023. Eligible shareholders may apply for excess allotment shares, but the final distribution will be at the sole discretion of the Board. If the conditions for the offering are not met or waived on or before 16 January 2024, the offering will not take place. The offering shares is expected to be sent on 23 January 2024 to the registered address of shareholders.