tiprankstipranks
Trending News
More News >

Easyknit and Eminence Agree to Amend Convertible Note Terms

Story Highlights
Easyknit and Eminence Agree to Amend Convertible Note Terms

Don’t Miss TipRanks’ Half-Year Sale

Easyknit International Holdings Ltd ( (HK:1218) ) has provided an announcement.

Easyknit International Holdings Ltd, through its subsidiary Goodco, and Eminence Enterprise Limited have agreed to amend the conversion price of the 2023 Convertible Note from HK$0.14 to HK$0.07 per share. This amendment, which requires approval from the Stock Exchange, aims to adjust the terms of the convertible debt securities, potentially impacting the financial strategies of both companies and their stakeholders.

More about Easyknit International Holdings Ltd

Easyknit International Holdings Ltd is a company incorporated in Bermuda, operating in the financial sector. It is involved in the issuance and management of convertible notes, with a focus on investment and financial services.

Average Trading Volume: 47,574

Technical Sentiment Signal: Sell

Current Market Cap: HK$165M

Find detailed analytics on 1218 stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1