Summary by Moomoo AI
On February 5, 2024, WSHING International announced that it had received a total of 24 valid applications, involving approximately 30.14% of the shares offered, showing the results of the effective acceptance and application of shares for shares. The Company has arranged for the unsubscribed shares, totaling 175,968,100 shares, to be sold to independent underwriters with no ineligible shareholders. There are no additional application arrangements for the offering and any premium above the subscription price will be paid on a pro rata basis to the non-active shareholder. The Company will make further announcements on February 20, 2024 on the results of the share offering, including the results of the distribution of unsubscribed shares by proxy and the amount of net proceeds per share under the unsubscribed share and compensation arrangement. Shareholders should note that the offering will be made on a non-exclusive basis. If the conditions for the offering are not met, the offering will not be made.