CA Cultural Technology Group Limited has confirmed completion of the Cayman Islands registration for its Capital Reorganisation, clearing a critical procedural step in the group’s wider restructuring plan.
The reorganisation will become effective on the first business day after the Hong Kong Stock Exchange (HKEX) grants listing approval for the company’s new shares. That approval remains conditional on CA Cultural satisfying every outstanding resumption requirement originally announced on 28 January 2025 and 7 July 2025.
Board-lot change • Upon the Capital Reorganisation taking effect, the trading board lot will be uplifted from 1,000 to 5,000 new shares to align with HKEX’s post-2 July 2026 lot-size framework. • Based on the 29 July 2026 closing price of HK$0.51 per new share, one standard lot will represent an indicative market value of HK$2,550. • The change does not alter shareholder rights or the terms of the pending restructuring and previously granted Whitewash Waiver.
Indicative timetable (Hong Kong time) • Expected effective date of Capital Reorganisation: 7 August 2026 • Completion of share subscriptions, issuance of convertible bonds and effectiveness of creditors’ scheme: on or before 11 August 2026 • Board-lot change to 5,000 shares and resumption of dealings in the new shares: 9:00 a.m., 12 August 2026 • Designated odd-lot broker service: 12 August 2026 to 1 September 2026 • Free exchange of old share certificates (purple) for new ones (yellow): 7 August – 11 September 2026
Trading status and public-float condition Trading in CA Cultural shares has been suspended since 21 November 2024 and will remain halted until HKEX approves the listing of the new shares and confirms compliance with minimum public-float rules. The company has undertaken not to issue subscription shares at completion if the public-float threshold is unmet. Failure to secure listing approval for the subscription shares, any convertible-bond conversion shares or scheme shares would render the wider restructuring ineffective.
Investors are advised that completion of the subscriptions and the proposed restructuring remains subject to multiple conditions precedent, including HKEX approval, and therefore may not proceed.