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Dynasty Digital Cancels Third Tranche of Share Subscription

PUBT·10/28/2026 10:35:11
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Dynasty Digital Cancels Third Tranche of Share Subscription
  • Dynasty Digital Holdings canceled its third tranche of subscription shares on Oct. 28, 2026, because a valuation condition was not met.
  • Pharos Token's average FDV for July 28-Oct. 27, 2026, was approximately US$ 518 million, below the US$ 760 million threshold.
  • Third-tranche obligations terminate regardless of whether conditions for subsequent tranches are met.
  • The company expects no material adverse impact on its business, operations or financial condition, or on the parties' strategic cooperation.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Dynasty Digital Holdings Ltd. published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20261028-12386126), on October 28, 2026, and is solely responsible for the information contained therein.