Value Convergence Extends Convertible Bond Placing

Value Convergence Holdings Limited (HK:0821) has released an update.

Value Convergence Holdings Limited has announced an extension of the placing period for its convertible bonds until July 31, 2024, and a further extension of the placing long stop date to August 7, 2024, as the company requires additional time to secure investors. The original and revised placing agreements, along with the second addendum, will be construed together to govern the placement. Shareholders and potential investors are cautioned to exercise prudence when dealing in the company’s securities as the placement’s completion is still subject to certain conditions.

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