Summary by Moomoo AI
AITIMIO MATERNAL AND INFANT HEALTH CO., LTD. (“AIDOMIO” OR THE “COMPANY”) ANNOUNCES THAT A SHARE OFFERING WILL BE CONDUCTED ON THE BASIS OF ONE OFFERING SHARE FOR EACH OF THE THREE SHARES OF EXISTING SHARES HELD AT A SUBSCRIPTION PRICE OF HK$0.042 PER SHARE. The shares offered will be traded from April 23 to April 30, 2024. If the conditions for the offering are not met or the underwriter terminates the underwriting agreement, the offering will not take place. Once the share offering is completed, the preferred shares will have the same status as the existing shares. The net proceeds from the dividend are expected to be approximately HK$56.70 million to be used to repay loans and other receivables, expand the monthly services business and general operating capital. The exclusive distributor of the offering is Raffaello Securities (HK) Limited.