Summary by Futu AI
Cowell Electronics Holdings Limited (COWELL) submitted its latest monthly securities update report to The Hong Kong Exchanges and Clearing Limited on November 1, 2024, reporting on the shareholding changes as of October 31, 2024. The report shows that the company's statutory/registered share capital remains at 10,000,000,000 shares, with a par value of $0.004 per share, totaling $40,000,000. Meanwhile, the issued shares (excluding treasury shares) increased from 858,555,800 shares last month to 859,305,800 shares, an increase of 750,000 ordinary shares. This increase is partly due to the exercise of stock options, including two stock option plans with different exercise prices, resulting in the issuance of 273,000 shares and 477,000 new shares respectively. During this month, the company raised a total of HK$3,439,992 by exercising the options. The report also confirms that all securities issuances or treasury share sales or transfers have been authorized by the board of directors and comply with relevant listing rules and legal requirements.