AMTD Digital Received Support From Key Shareholders Towards The Long-Term Developments And Stability Of The Company's Growth With An Extension Of Previously Announced Lock-up Undertakings Until August 2025, 3 Years After Listing
Portfolio Pulse from Happy Mohamed
AMTD Digital (NYSE:HKD) has received confirmation from key shareholders, including AMTD Group, Dr. Calvin Choi, AMTD IDEA Group, and executive officers, that they will extend their lock-up undertakings until August 2025, demonstrating support for the company's long-term growth and stability.
June 26, 2023 | 12:42 pm
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Key shareholders of AMTD Digital (NYSE:HKD) have extended their lock-up undertakings until August 2025, demonstrating confidence in the company's long-term growth and stability.
The extension of the lock-up period by key shareholders indicates their confidence in the company's long-term growth and stability. This news is likely to have a positive impact on the stock price in the short term as it demonstrates strong support from major stakeholders.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100