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ANE (Cayman) Inc. Announces Delisting Proposal with Strategic Support

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ANE (Cayman) Inc. Announces Delisting Proposal with Strategic Support

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An update from ANE (Cayman) Inc. ( (HK:9956) ) is now available.

ANE (Cayman) Inc., in collaboration with Celestia BidCo Limited, has announced a pre-conditional proposal for its delisting by way of a scheme of arrangement under the Companies Act. This includes an option and RSU offer to cancel all outstanding share options and RSUs, along with a proposed withdrawal of listing and special deals. The announcement highlights additional irrevocable undertakings from key parties, including Ivy Little Rock I Limited and ABS Direct Equity Fund LLC, to support the scheme and special deals, indicating a strategic move to facilitate the delisting process.

The most recent analyst rating on (HK:9956) stock is a Buy with a HK$12.50 price target. To see the full list of analyst forecasts on ANE (Cayman) Inc. stock, see the HK:9956 Stock Forecast page.

More about ANE (Cayman) Inc.

Average Trading Volume: 8,710,022

Technical Sentiment Signal: Buy

Current Market Cap: HK$13.5B

See more data about 9956 stock on TipRanks’ Stock Analysis page.

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