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Cirrus Aircraft Partially Exercises Over-Allotment Option

Cirrus Aircraft Partially Exercises Over-Allotment Option

Cirrus Aircraft Limited (HK:2507) has released an update.

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Cirrus Aircraft Limited has announced the partial exercise of its over-allotment option, issuing 149,600 shares at HK$27.50 each, following its recent Global Offering. This move, coordinated by the Sole Overall Coordinator and International Underwriters, facilitates the return of loaned shares used to cover over-allocations. Importantly, the company has also declared the end of the stabilization period associated with the offering, which concluded on August 8, 2024.

For further insights into HK:2507 stock, check out TipRanks’ Stock Analysis page.

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