Rapoo Technology announced on September 16 that its controlling shareholder Hotkey Electronics signed a share transfer agreement with Gaoyi Kaihua, planning to transfer 14.0344 million unrestricted tradable shares at 16.28 yuan per share, representing 5% of the company's total share capital, for a total consideration of 228 million yuan. This share transfer does not trigger a mandatory tender offer, does not involve a related-party transaction, and will not result in a change of the company's controlling shareholder or actual controller. The transferee has committed not to transfer the acquired shares within 12 months. The transaction still needs to pass Shenzhen Stock Exchange compliance review and depository and clearing registration procedures, and there is uncertainty.
Shenzhen Rapoo TechnologyControlling shareholder Hotkey Electronics is transferring 5% of Rapoo Technology for 228 million yuan, a stake-sale transaction that does not change control.
Hotkey Electronics, Rapoo's controlling shareholder, signed an agreement to sell 14.0344 million shares (5% stake) for 228 million yuan.
