Summary by Futu AI
Weimob Inc. (微盟集團) announced that its wholly-owned subsidiary, Weimob Investment Limited, has applied for listing and trading of the US$90,000,000 7.50% secured convertible bonds (stock code: 5186), which will mature in 2029, on the Hong Kong Stock Exchange, and is expected to take effect on September 6, 2024. The bonds will be unconditionally and irrevocably guaranteed by Weimob Inc. and will only be issued to professional investors. BofA Securities will act as the exclusive placement agent. Members of the Weimob Inc. board of directors include executive directors Mr. Sun Taoyong, Mr. Fang Tongshu, Mr. You Fengchun, and Mr. Fei Leiming, as well as independent non-executive directors Mr. Li Xufu, Mr. Tang Wei, and Ms. Xu Xiaoo. The announcement was made on September 5, 2024.