Rui Li's board of directors resolved on May 11, 115 (2026) not to continue with the private placement of securities. This plan was initially approved by the shareholders at the 2025 AGM, authorizing the issuance of up to 30 million ordinary shares in two tranches. Due to the approaching expiry of the issuance period, the company will report to the 2026 AGM that it will not proceed with the remaining private placement.
FACT BOX
- Source: PR Times
- Category: Funding