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Synagistics Redeems US$35 Million Convertible Bonds Ahead of Vienna Delisting

Story Highlights
  • Synagistics fully redeemed its US$35 million 4.5% secured guaranteed convertible bonds due 2026.
  • The redeemed convertible bonds ceased trading on 3 February and are expected to be delisted soon.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Synagistics Redeems US$35 Million Convertible Bonds Ahead of Vienna Delisting

Meet Samuel – Your Personal Investing Prophet

HK Acquisition Corp. ( (HK:2562) ) has issued an update.

Synagistics Limited announced that it has exercised its issuer option to redeem in full its US$35 million 4.5% secured guaranteed convertible bonds due 2026. Following this redemption, the bonds’ last trading day on the Vienna Stock Exchange was set for 3 February 2026, and they are expected to be delisted around 6 February 2026, marking the conclusion of this particular financing instrument and potentially simplifying the company’s capital structure for investors.

More about HK Acquisition Corp.

Synagistics Limited is a Cayman Islands-incorporated company listed on the Hong Kong Stock Exchange, with its shares and warrants traded under stock codes 2562 and 2461 respectively. The company operates under a board led by Chairman Lee Shieh-Peen Clement, with both executive and independent non-executive directors overseeing its governance and compliance with Hong Kong listing rules.

Average Trading Volume: 93,330,027

Technical Sentiment Signal: Sell

Current Market Cap: HK$1.62B

See more data about 2562 stock on TipRanks’ Stock Analysis page.

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