freedoubledoublebonuspokergame| Coolpad Group (02369.HK) recently acquired 1.5 million CLSK shares and a total of 113,000 IBIT shares

2024-05-10

Glonghui May 9 丨 Coolpad Group (02369freedoubledoublebonuspokergame.HK) AnnouncementfreedoubledoublebonuspokergameIn early May 2024, the company adopted an investment plan under which the group can acquire up to US$28 million in listed securities listed in the United States and related to the crypto asset industry through open market transactions.

freedoubledoublebonuspokergame| Coolpad Group (02369.HK) recently acquired 1.5 million CLSK shares and a total of 113,000 IBIT shares

The Board of Directors announced that the Group has made a series of acquisitions on the open market as follows: (i) During the period from April 16, 2024 to May 8, 2024 (Eastern Standard Time), Digital Tech (a direct wholly-owned subsidiary of the company) at a total consideration of approximately US$23.84 million (excluding stamp duty and related expenses) acquired a total of 1.5 million CLSK shares, equivalent to approximately US$15.89 per CLSK share (equivalent to approximately HK$124.26);(ii) During the period from April 19, 2024 to May 8, 2024 (Eastern Standard Time), Digital Tech acquired a total of 113,000 IBIT shares for a total consideration of approximately US$4.03 million (excluding stamp duty and related expenses), equivalent to approximately US$35.64 per IBIT share.