Summary by Futu AI
Bilibili Inc., a leading online entertainment platform, has reported a change in its issued share capital, as detailed in a Form 6-K filed with the United States Securities and Exchange Commission for December 2023. The company, headquartered in Shanghai, China, has issued new Class Z ordinary shares under its share award schemes. The shares were issued to eligible participants, excluding company directors, as part of the 2018 Share Incentive Plan and the Global Share Incentive Plan. The transactions occurred on various dates throughout December 2023, with the total number of shares issued amounting to a 0.0388% increase in the existing number of issued shares. Each share was issued at a nominal price of USD 0.0001, representing a 99.99% discount to the market price, with the exception of one issuance at a 100% discount. The closing balance of issued shares as of December 28, 2023, was 328,398,170. Bilibili confirmed that all necessary authorizations and legal requirements for the share issuances were fulfilled.