JX Luxventure Swaps $1.47M Debt for 300,000 Shares to CEO

Reuters
2025.12.17 14:30
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JX Luxventure Ltd. has agreed to exchange $1.47 million of debt for 300,000 shares with CEO Sun Lei. The shares are issued at $4.90 each, below the Nasdaq price of $6.12. The board and majority shareholders approved the transaction, subject to Nasdaq notification requirements.