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3PEAK: Announces Termination of Aola Equity Acquisition Plan, Trading to Recommence Tomorrow
2 week ago /
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Author：小编
3PEAK (Stock Code: 688536.SH) has disclosed that it initially intended to acquire equity stakes in Ningbo Aola Semiconductor Co., Ltd. via a combination of share issuance, cash payments, and the concurrent raising of matching funds. However, the company has now opted to abandon this significant asset restructuring initiative. Both the company's shares and convertible bonds will recommence trading at the market's opening on December 10. Furthermore, 3PEAK has pledged not to embark on any major asset restructuring endeavors within the upcoming month. This strategic shift follows meticulous deliberation and represents a consensus achieved through comprehensive consultations with all stakeholders involved in the transaction.
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