FilingReader Intelligence
Kingsoft announces partial conversion of convertible bonds due 2025
April 16, 2025 at 05:05 PM UTC•By FilingReader AI
Kingsoft Corporation (HKEX:3888) announced the partial conversion of its outstanding 0.625% convertible bonds due in 2025. Bondholders exercised their conversion rights, resulting in the issuance of 31,924,065 new shares. This conversion represents approximately 35.81% of the initial principal amount of the convertible bonds.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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HKEX:3888•Hong Kong Exchange
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