DSHK.RTS Rights Subscription

DRIVE SHACK INC (DSHK.RTS) announced that One (1) Rights will be required to purchase RESTRICTED stock of DRIVE SHACK INC, at the subscription price of USD 0.20

Subscription ratio: 0.73063794 shares of RESTRICTED stock for every 1 right subscribed

Subscription price: USD 0.20

The terms of the offer are as follows:

Option (1): Take no action [Default option]

Option (2): EXERCISE RIGHTS, Each subscription right will entitle the holder there of to purchase 0.73063794 of a share of RESTRICTED stock at USD 0.20 per whole share (Minimum rights required to exercise:1)

Oversubscription are not supported

The deadline to submit instructions for exercise will be 18/08/2023 16:00 (HONG KONG GMT+8).

Please fill in the following information and use the registered email address of Futu to send an email to cs@futuhk.com.

1. Account Number –
2. Name - (In Chinese or English)
3. Stock code – DSHK.RTS 
4. Options: (1) [Default option] or (2) 
5. Number of shares participating in corporate actions –

Note to applicants:
1. If shareholders holding 1 share or less of DSHK.RTS, they cannot participate in related corporate actions.
2. Option 1 is the default option. We will help clients to choose option 1 if have not received clients’ emails.
3. Once the relevant application is submitted, the stocks participating in the company's actions cannot be traded and the application cannot be withdrawn.
4. This corporate action does not accept additional applications, the maximum number of applications that a client can apply for does not exceed the number of eligible shares it holds.
5. The pending orders and unsettled shares will not be accepted for the time being.
6. Please confirm that the account funds are sufficient to pay the relevant fees of this corporate action. Otherwise, we will not bear any responsibility for the failure of your application.
7. If there is any update, all the information released by the listed company shall prevail.