Search
GigaDevice Semiconductor has issued a statement revealing that its shareholder, Wuhan Luojia, is planning to divest a stake comprising no more than 4.1241 million shares. This divestment equates to a maximum of 2.61% of the company's total share capital. The planned divestment period will span three months, commencing 15 trading days after the public disclosure of this announcement. Specifically, the window for this action is set from October 10, 2025, to January 9, 2026.
The divestment will be executed through two primary methods: block trades and centralized bidding. Importantly, the price at which these shares are sold will not fall below the company's initial public offering (IPO) price. However, it is crucial to note that there are inherent uncertainties associated with the implementation of this divestment plan.
-
C114 Communication Network -
Communication Home
