GOLDSTREAM INV (01328) redeemed 5,060,000 shares of TechStar stock, with a total redemption price of HK$56,925,000.

date
23:04 10/12/2025
avatar
GMT Eight
Golden Spring Investment (01328) announced that on December 10, 2025, after the completion of the special purpose acquisition company acquisition transaction, all 5.06 million shares of TechStar held by the company's wholly-owned subsidiary Redpine Elite have been redeemed, involving a total redemption price of HK$56.925 million. The redemption price per share of TechStar is HK$11.25.
GOLDSTREAM INV (01328) announced that after the completion of the special purpose acquisition company merger transaction on December 10, 2025, all 5.06 million shares of TechStar held by the company's wholly owned subsidiary, Redpine Elite, have been redeemed. This represents approximately 5.05% of the total TechStar shares issued before the redemption transaction. The total cash redemption amount involved is 56.925 million Hong Kong dollars. The redemption price per TechStar share is 11.25 Hong Kong dollars. Following the redemption transaction and the completion of the special purpose acquisition company merger, the group no longer holds any TechStar shares.