Summary by Futu AI
GLOBAL STRATEGIC GROUP LIMITED (THE “COMPANY”) ISSUED A NOTICE ON 16 APRIL 2024 SUPPLEMENTING THE PREVIOUS ANNOUNCEMENT. On March 5, 2024, the Company announced the distribution of up to 91,172,000 shares of common stock under the General Mandate. Subsequently, in the supplementary announcements of March 26 and April 15, respectively, the closing date of the distribution was extended and the distribution price was adjusted. The latest announcement confirms that the allotment price remained at HK$0.077, representing a discount of approximately 9.41% from the exchange's reported market price of HK$0.0885 per share and an average closing price of HK$0.0896 for the previous five trading days of approximately 14.06%. The Board urges shareholders and potential investors to exercise caution when trading shares. The announcement also states that all directors are responsible for the contents of the announcement and confirm that the information is accurate. The announcement will be published on the Exchange and on the Company's website for seven days.