ST No. 45 New Tech Investment Fund reports decrease in NEXUS stake from 23.26% to 18.40% amid massive share dilution

ST No. 45 New Technology Investment Association lowered its stake in NEXUS from 23.26% to 18.40% due to on-market sales of common shares and a significant increase in total outstanding shares resulting in dilution.
The total outstanding voting shares surged from 64,112,099 to 81,385,045 a 27% increase severely diluting existing shareholder value.
The filer sold 826,401 common shares on the market but still holds 18,353,174 convertible bonds representing potential future dilution.
[AI Summary]The sharp increase in NEXUS's outstanding shares indicates substantial capital raising activities that dilute current shareholders. The filer's sales for simple investment purposes may exert further downward price pressure while the remaining convertible bonds pose ongoing dilution risk.