ZhongAn Online: ZhongAn Technology plans to increase its capital to ZhongAn International, which has signed share purchase agreements with Cosmos, OKG, and others
ChainCatcher news, according to the announcement by ZhongAn Online on the Hong Kong Stock Exchange, on August 29, 2025 (after trading hours), ZhongAn International entered into a share purchase agreement with ZhongAn Technology, Z Fin, Warrior, Opportunities Fund, Cosmos, OKG, and Northstar.Accordingly, ZhongAn Technology conditionally agreed to subscribe, and ZhongAn International conditionally agreed to issue and allocate up to 135,423,860 shares of ZhongAn International common stock at a purchase price of $0.4225 per share of ZhongAn International common stock;Upon completion of the subscription and simultaneously, since the purchase price per share of ZhongAn International common stock under the subscription is lower than the adjusted purchase price under the previous shareholders' agreement, it will trigger the anti-dilution mechanism under the previous shareholders' agreement, and 3,739,800 shares, 4,313,294 shares, 199,908 shares, and 999,541 shares of ZhongAn International common stock will be issued to ZhongAn Technology, Z Fin, Warrior, and Opportunities Fund for free.