iDreamSky Cuts Conversion Price on HK$386 Million Convertible Bonds to HK$3.51
PUBT · 2d ago
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- iDreamSky cut the conversion price of its HKD 386 million 5% guaranteed convertible bonds due 2028 from HKD 3.58 to HKD 3.51.
- The adjustment took effect October 27, 2026, reflecting the cumulative impact of the 2025 and 2026 share placements.
- Full conversion of outstanding bonds would now yield 103,276,353 shares, up from 101,256,983 shares.
- Outstanding principal totals HKD 362.5 million following redemption of HKD 23.5 million on October 24, 2026; other bond terms remain unchanged.
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. iDreamsky Technology Holdings Ltd. 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-20261027-12384879), on October 27, 2026, and is solely responsible for the information contained therein.
Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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