According to the Zhitong Finance App, Sanai Health Group (01889) issued an announcement to issue and distribute 349 million new shares on April 23, 2024 in exchange for convertible notes due in 2026 with a principal amount of HK$34.2 million based on an adjusted exchange price of HK$0.098 per share.
On April 23, 2024, 263 million new shares were issued and distributed in exchange for convertible notes due 2026 with a principal amount of HK$25.8 million, based on an adjusted conversion price of HK$0.098 per share.