Summary by Moomoo AI
Poseidon International Holdings Limited filed with Hong Kong Trading and Settlement Limited on 3 January 2024 the Monthly Securities Change Report for the year ended 31 December 2023. The report shows that the number of ordinary shares of the company remained unchanged in December and the regular/registered share capital remained at $200,000. At the same time, the number of issued shares increased from 10,905,885,385 shares in the previous month to 10,908,721,385 shares, an increase of 2,836,000 shares. The increase resulted primarily from share options exercised under the 2017 Share Option Scheme, which totaled HK$5,084,240 in the month resulting from the exercise of options. IN ADDITION, THE COMPANY HAS 834,665,999 OUTSTANDING SHARE OPTIONS AND A $275,000,000 CONVERTIBLE BOND THAT WILL MATURE IN 2024, WHICH IS CONVERTIBLE INTO 481,435,765 SHARES OF COMMON STOCK. The report confirms that all issuances of securities have been approved by the Board of Directors and comply with the requirements of the Listing Rules of the Stock Exchange of Hong Kong Stock Exchange Limited.