GigaDevice Semiconductor Inc. (03986) will fully exercise the oversubscribed rights issue, stabilize prices and end the stabilization period.
China Resources Microelectronics (03986) announced that the excess allotment rights described in the prospectus have been fully exercised by the joint coordinators (including themselves and representatives of international underwriters) on February 7, 2026 (Saturday), involving a total of 4.3373 million H shares, accounting for approximately 15.0% of the total number of shares under the global offering available for subscription (prior to the exercise of any excess allotment rights). The excess allocation shares will be allocated and issued by the company at a price of HK$162.00 per H share. The excess allocation shares will be used to expedite the delivery of a portion of the H shares to subscribers who have agreed to delay the delivery of the relevant shares purchased under the global offering.
GigaDevice Semiconductor Inc. (03986) announced that the oversubscription rights as stated in the prospectus for the public offering have been fully exercised by the joint coordinators (on their own behalf and on behalf of international underwriters) on February 7, 2026 (Saturday), involving a total of 4.3373 million H shares, accounting for approximately 15.0% of the total number of shares available for subscription under the global offering (before any exercise of oversubscription rights). The oversubscribed shares will be distributed and issued by the company at a price of HK$162.00 per H share. The oversubscribed shares will be used to expedite the delivery of H shares to subscribers who have agreed to delay the receipt of their allotted shares from the global offering.
The company further announced that the stabilizing period for the global offering ended on February 7, 2026 (Saturday) (30 days after the deadline for submitting the Hong Kong public offering application).
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