Summary by Futu AI
Ideal Cars filed with Hong Kong Trading and Settlement Limited on 6 February 2024 with the Securities and Exchange Limited for the period ending 31 January 2024. THE REPORT SHOWS THAT THE STATUTORY/REGISTERED SHARE CAPITAL OF THE COMPANY DID NOT CHANGE DURING THE MONTH, WITH 4,500,000,000 SHARES OF CLASS A ORDINARY SHARES DEPOSITED AND 500,000,000 SHARES OF CLASS B ORDINARY SHARES DEPOSITED AT $0.0001 PER SHARE. In addition, under the 2019 and 2020 Share Incentive Plans, some share options were exercised and restricted share units written off this month, but did not affect the total number of shares issued in the Company. The report also mentions that the company has one convertible preferred note totaling $862,500,000 with a conversion price of $14.17 per share, but no new shares were issued this month. The Company confirms that all securities issuance has been approved by the Board of Directors and complies with the requirements of the Securities Listing Rules of the Hong Kong Stock Exchange Limited.