• Moon acknowledged listing-rule breaches over an undisclosed restriction barring new share issuance below HK$ 5 without convertible noteholders' consent.
• Noteholders agreed in principle to full early repayment of HK$ 52.38 million through proceeds from the proposed rights issue.
• None would consent to below-threshold issuance; shares fell from HK$ 5 on April 23, 2025, to HK$ 0.440 on September 9, 2026.
• The board now considers the restriction unfair and unreasonable, pledging to exclude similar pricing thresholds from future equity fundraising.
• No breach of the restriction occurred; neither the company nor shareholders suffered losses from it.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Moon Inc. published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20261026-12383446), on October 26, 2026, and is solely responsible for the information contained therein.