Skip to main content

AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

hmvod Limited Capital/Financing Update 2023

Aug 9, 2023

51270_rns_2023-08-08_49927c5d-cb4a-4271-b867-20d6b0edf298.pdf

Capital/Financing Update

Open in viewer

Opens in your device viewer

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, makes no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

==> picture [60 x 35] intentionally omitted <==

hmvod Limited hmvod 視 頻 有 限 公 司

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 8103)

TERMINATION OF CONVERTIBLE BOND PLACING AGREEMENT

Reference is made to the announcement of hmvod Limited (the “ Company ”) dated 28 June 2023, 4 July 2023, 19 July 2023 and 2 August 2023 in relation to the placing of convertible bonds under general mandate (collectively, the “ Announcements ”). Capitalized terms used herein shall have the same meanings as those defined in the Announcements unless the context otherwise requires.

The Company and the Placing Agent mutually agreed to terminate the CB Placing Agreement based on commercial considerations, taking into account (among other things) current market conditions, pursuant to which the CB Placing Agreement has been terminated and has ceased to have any force or effect with effect from 8 August 2023, whereas neither party shall have any claim against the others as a result of the termination of the CB Placing Agreement. The Company and the Placing Agent confirm that there is no matter relating to the termination of the CB Placing Agreement that needs to be brought to the attention of the Shareholders or the Stock Exchange save as disclosed in this announcement.

By order of the Board hmvod Limited Ho Chi Na Executive Director

Hong Kong, 8 August 2023

– 1 –

As at the date of this announcement, the Board comprises the following Directors:

Executive Directors:

Ms. Ho Chi Na

Ms. Wong Tsz Ki

Mr. Chong Tung Yan Benedict

Independent non-executive Directors:

Mr. Chan Chi Ching Mr. Tsang Hing Bun Mr. Hung Cho Sing B.B.S.

This announcement, for which the Directors collectively and individually accept full responsibility, includes particulars given in compliance with the GEM Listing Rules for the purpose of giving information with regard to the Company. The Directors, having made all reasonable enquiries, confirm that to the best of their knowledge and belief the information contained in this announcement is accurate and complete in all material respects and not misleading or deceptive, and there are no other matters the omission of which would make any statement herein or this announcement misleading.

This announcement will remain on the GEM website at www.hkgem.com on the “Latest Company Announcements” page for seven days from the day of its posting and on the website of the Company at www.hmvod.com.

– 2 –