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, i.e. three years after listing
26 Juni 2023 - 2:40PM
Business Wire
AMTD Digital Inc. (“AMTD Digital” or the “Company”) (NYSE: HKD),
a comprehensive one-stop digital solutions platform in Asia,
announced today that it has received further confirmation of the
previously announced undertakings from the relevant parties that
AMTD Group Inc., Dr. Calvin Choi (together with his holding company
Infinity Power Investments Limited), AMTD IDEA Group and the
executive officers of AMTD Digital will not sell any shares they
own in AMTD Digital in the open market before August 2025, i.e.
amounting to lock-up undertakings for a period of three years after
the listing of the Company. The key shareholders have confidence in
the long-term developments and stable growth of the Company and
thereby extend their lock-up undertakings to demonstrate support of
the Company’s future ahead of the first listing anniversary of the
Company.
About AMTD Digital Inc.
AMTD Digital Inc. (NYSE: HKD) is a comprehensive digital
solutions platform in Asia. Its one-stop digital solutions platform
operates four main business lines including digital financial
services, SpiderNet ecosystem solutions, digital media, content and
marketing, as well as digital investments. It is the fusion reactor
at the core of the AMTD SpiderNetecosystem and empowers and
integrates the various digital businesses within its ecosystem. For
AMTD Digital’s announcements, please visit
https://ir.amtdigital.net/investor-news.
Safe Harbor Statement
This press release contains statements that may constitute
“forward-looking” statements pursuant to the “safe harbor”
provisions of the U.S. Private Securities Litigation Reform Act of
1995. These forward-looking statements can be identified by
terminology such as “will,” “expects,” “anticipates,” “aims,”
“future,” “intends,” “plans,” “believes,” “estimates,” “likely to,”
and similar statements. Statements that are not historical facts,
including statements about the beliefs, plans, and expectations of
AMTD Digital Inc., are forward-looking statements. Forward-looking
statements involve inherent risks and uncertainties. Further
information regarding these and other risks is included in the
filings of AMTD Digital Inc. with the SEC. All information provided
in this press release is as of the date of this press release, and
AMTD Digital Inc. does not undertake any obligation to update any
forward-looking statement, except as required under applicable
law.
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IR Office AMTD Digital Inc. EMAIL: ir@amtdigital.com
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