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The latest update is out from Vividthree Holdings Ltd. ( (SG:OMK) ).
Vividthree Holdings Ltd. announced an adjustment to the conversion price of its outstanding S$700,000 convertible bonds, initially issued on 8 August 2024. This adjustment follows the company’s recent proposal to place 137,400,000 new ordinary shares at a price lower than the current market price, impacting the conversion terms of the bonds. The adjustment is a strategic move to align with market conditions and could influence the company’s capital structure and investor relations.
More about Vividthree Holdings Ltd.
Vividthree Holdings Ltd. is a Singapore-based company involved in the entertainment industry, focusing on digital content production and immersive media experiences.
Average Trading Volume: 1,266,853
Technical Sentiment Signal: Sell
Current Market Cap: S$9.28M
For detailed information about OMK stock, go to TipRanks’ Stock Analysis page.