Vobile Group Completes HK$155.8 Million Convertible Bond Issuance

An announcement from Vobile Group ( (HK:3738) ) is now available.

Vobile Group Limited announced the completion of its issuance of HK$155,800,000 zero coupon convertible bonds due in 2028 under a general mandate. The issuance, which took place on May 30, 2025, involves convertible bonds with a conversion price of HK$3.80 per share, subject to various adjustments. The subscribers include Wind Sabre Opportunities Fund SP and Aces SP, both of which are investment entities with significant market involvement. This financial move is expected to impact Vobile Group’s market positioning by potentially enhancing its capital structure and providing funds for strategic initiatives.

The most recent analyst rating on (HK:3738) stock is a Buy with a HK$5.40 price target. To see the full list of analyst forecasts on Vobile Group stock, see the HK:3738 Stock Forecast page.

More about Vobile Group

Vobile Group Limited, incorporated in the Cayman Islands, operates within the digital content protection and monetization industry. The company is primarily focused on providing solutions that help protect and monetize online video content, serving a global market with a significant presence in Hong Kong.

Average Trading Volume: 22,815,325

Technical Sentiment Signal: Buy

Current Market Cap: HK$7.81B

For an in-depth examination of 3738 stock, go to TipRanks’ Stock Analysis page.