BEIJING, June 30,
2023 /PRNewswire/ -- Hello Group Inc. (Nasdaq: MOMO)
("Hello Group" or the "Company"), a leading mobile social and
entertainment platform in China,
today announced the results of its previously announced repurchase
right offer relating to its 1.25% Convertible Senior Notes due 2025
(CUSIP No. 60879BAB3) (the "2025 Notes"). The repurchase right
offer expired at 5:00 p.m.,
New York City time, on
Thursday, June 29, 2023. Based on
information from the Bank of New York Mellon, the trustee for the
2025 Notes, US$322,113,000 aggregate
principal amount of the 2025 Notes were validly surrendered and not
withdrawn prior to the expiration of the repurchase right offer.
The aggregate cash purchase price of these 2025 Notes is
US$322,113,000. The Company has
accepted all of the surrendered 2025 Notes for repurchase and has
forwarded cash in payment of the same to the trustee for
distribution to the applicable holders. Following settlement of the
repurchase, US$14,771,000 aggregate
principal amount of the 2025 Notes will remain outstanding and
continue to be subject to the existing terms of the Indenture and
the 2025 Notes.
Materials filed with the SEC will be available electronically
without charge at the SEC's
website, http://www.sec.gov. Documents filed with the
SEC may also be obtained without charge at the Company's
website, https://ir.hellogroup.com.
About Hello Group Inc.
Hello Group is a leading player in China's online social and entertainment space.
Through Momo, Tantan and other properties within its product
portfolio, Hello Group enables users to discover new relationships,
expand their social connections and build meaningful interactions.
Momo is a mobile application that connects people and facilitates
social interactions based on location, interests and a variety of
online recreational activities. Tantan, which was added into Hello
Group's family of applications through acquisition in May 2018, is a leading social and dating
application. Tantan is designed to help its users find and
establish romantic connections as well as meet interesting people.
Hello Group also operates a number of other applications to serve
different social and entertainment demands from its users.
For investor and media inquiries, please contact:
Hello Group Inc.
Investor Relations
Phone: +86-10-5731-0538
Email: ir@hellogroup.com
Christensen
In China
Mr. Eric Yuan
Phone: +86-10-5900-1548
E-mail: eric.yuan@christensencomms.com
In U.S.
Ms. Linda Bergkamp
Phone: +1-480-614-3004
Email: linda.bergkamp@christensencomms.com
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SOURCE Hello Group Inc.