Lontium Semiconductor Corporation (688486.SH)'s shareholder, Sequoia Capital China, plans to reduce its shareholding by no more than 2%.

date
20/09/2024
avatar
GMT Eight
Lontium Semiconductor Corporation (688486.SH) announced that, due to its own capital needs, shareholder Sai Fu Venture Capital intends to reduce its holdings of the company's shares by no more than 2.04 million shares through centralized bidding or block trading, with a reduction ratio not exceeding 2% of the total share capital. The reduction will take place within 3 months after 15 trading days from the date of the announcement.

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