YOOZOO: YOOZOO's convertible bonds are expected to trigger redemption conditions
YOOZOO announced in the evening that from May 28, 2025, to June 12, 2025, there have been 10 trading days where the closing price of the company's stock has not been lower than 130% of the current conversion price of RMB 10.1 per share, which is RMB 13.13 per share. According to the relevant provisions of the conditional redemption clause in the "Prospectus for the Public Issuance of Convertible Bonds by YOOZOO", the company's board of directors has the right to decide to redeem all or part of the unconverted convertible bonds at the bond face value plus the current accrued interest
