Summary by Futu AI
As of November 30, 2024, Kwai Electronics reported that its regulated/registered share capital remained unchanged at $40,000,000. The number of issued shares increased from 859,305,800 shares at the end of last month to 860,336,800 shares, an increase of 1,031,000 shares. The move resulted primarily from the exercise of share options involving the issuance of 495,000 shares and 536,000 new shares at an exercise price of HK$4.144 and 4.84 per share, respectively.The total amount of capital gained from the exercise of options during the month was HK$4,645,520. All share changes are authorized by the Board of Directors and are subject to relevant listing rules and legal requirements. The Company confirms that all monies due have been received and that all listing prerequisites have been met.