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Bilibili Inc.
Bilibili Inc. issued a total of 1,628,981 new Class Z ordinary shares in September 2026 due to the exercise of share options and the vesting of restricted share units (RSUs). Additionally, the company is in the process of canceling 6,795,540 Class Z ordinary shares repurchased on September 4, 2026, and has completed the issuance of $500 million in 2031 convertible senior notes.…more
Bilibili Inc.
Bilibili Inc. has registered 13.5 million additional Class Z ordinary shares to support its share incentive plans. This registration covers shares to be delivered upon the vesting of outstanding restricted share units (RSUs) and future awards under the 2018 and 2024 share incentive plans. The offering price is calculated at $14.875 per share, based on the Nasdaq closing price on September 29, 2026.…more
Bilibili Inc.
Bilibili Inc. will hold an extraordinary general meeting (EGM) on October 28, 2026, to seek shareholder approval for a previously announced subscription and repurchase agreement with subsidiaries of Tencent. The proposal includes the repurchase of 13,591,090 Class Z ordinary shares for US$200 million, which is inter-conditional with Tencent's subscription for US$200 million in convertible senior notes due 2031.…more
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Bilibili to Hold Extraordinary General Meeting on October 28
Bilibili will hold an extraordinary general meeting on October 28 to seek shareholder approval for its share repurchase and convertible note issuance agreement with Tencent. This meeting is a procedural step to finalize the previously announced capital structure adjustments.…more
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Bilibili has finalized a $500 million convertible senior notes offering alongside a concurrent share repurchase program. Additional transactions involving Tencent remain subject to shareholder approval and customary closing conditions.…more
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Bilibili has announced the pricing of $700 million in convertible senior notes to fund AI growth and concurrent share repurchases. While the move aims to enhance shareholder value, the issuance of convertible debt introduces potential equity dilution.…more
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