Huscoke Holdings Limited announced that it has entered into the subscription agreement to issue convertible bonds in an aggregate principal amount of HKD 200,000,000 for the gross proceeds of HKD 200,00,000 on September 8, 2023. The bonds will have a coupon rate of 8% and will be convertible into a total of 1,136,363,636 conversion shares at a conversion price of HKD 0.176 per share.