Corelsee has unveiled its strategic intent to fully acquire (i.e., purchase 100% of the shares of) Honggang Optoelectronics. This acquisition will encompass all shares currently held by seven trading entities, including key stakeholder Li Gang. The transaction will be executed through a combination of share issuance and cash considerations. Furthermore, Corelsee has outlined its intention to engage in a share offering to a select group of no more than 35 specific investors, aimed at garnering supplementary capital. Trading of Corelsee's stock is set to recommence on October 26. Honggang Optoelectronics is a prominent player in the field, specializing in the research, development, production, and distribution of packaging casings tailored for lasers, optical communications, hybrid integrated circuits, semiconductor power devices, as well as heat sinks designed for high-power fiber laser chips.
