Youzu convertible bonds near redemption trigger

Youzu Interactive's stock has closed at or above 130% of the current conversion price for ten trading days from July 17-30, 2025. If this continues, the convertible bonds will meet conditional redemption criteria.

The company's board will then decide whether to redeem unconverted bonds at face value plus accrued interest. The conversion price was adjusted from 17.06 yuan to 10.10 yuan per share in March.