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Howkingtech Announces Closure of Cash Offers and Shareholding Update

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Howkingtech Announces Closure of Cash Offers and Shareholding Update

The latest announcement is out from Howkingtech International Holding Limited ( (HK:2440) ).

Howkingtech International Holding Limited, incorporated in the Cayman Islands, has announced the closure of mandatory unconditional cash offers made by Home Office Development Limited to acquire all issued shares and cancel outstanding share options. The offers closed without revision or extension, with minimal acceptances received, representing only 0.0073% of the company’s share capital. Settlement of the offers is underway, with remittances to be dispatched by April 9, 2025. The announcement also highlighted the company’s shareholding structure, noting that the Offeror and its concert parties held approximately 67.42% of the company’s shares prior to the offers.

More about Howkingtech International Holding Limited

YTD Price Performance: 347.14%

Average Trading Volume: 5,121,852

Technical Sentiment Signal: Strong Sell

See more insights into 2440 stock on TipRanks’ Stock Analysis page.

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