Hob Biotech Group Corp., Ltd (688656.SH) The tender offer deadline expired and the stock will be halted for one trading day on January 23rd.
22/01/2025
GMT Eight
Hob Biotech Group Corp., Ltd (688656.SH) announced on December 20, 2024, that the company disclosed the "Jiangsu Hob Biotech Group Corp., Ltd Biopharmaceutical Limited Share Purchase Offer Report". SRunzhengan issued a partial offer to all shareholders of Hob Biotech Group Corp., Ltd except for the acquirers and their concerted actors, with the planned purchase quantity of 15,570,480 shares, accounting for 25.01% of the total number of Hob Biotech Group Corp., Ltd shares after excluding the shares in the repurchase special account. The offer price is 33.74 yuan/share. The offer purchase period is from December 24, 2024, to January 22, 2025.
As of January 22, 2025, the offer purchase period has expired. Due to the need for further confirmation of the results of the offer purchase, in accordance with relevant regulations such as the "Shanghai Stock Exchange Listed Company Self-Discipline Supervision Guidelines No. 4 - Trading Suspension and Resumption" and the "Shanghai Stock Exchange Science and Technology Innovation Board Stock Listing Rules", the company applied to the Shanghai Stock Exchange to have its stock suspended for one trading day on January 23, 2025 (Thursday) and will resume trading on the day of the announcement of the offer purchase results.