AMTD Digital Inc.: Thank you note to investors and our response to our latest ADS price performance
02 August 2022 - 6:33AM
Business Wire
AMTD Digital Inc. (“AMTD Digital” or the “Company”) (NYSE: HKD),
a comprehensive one-stop digital solutions platform headquartered
in Asia, and a subsidiary of AMTD IDEA Group (NYSE: AMTD; SGX:
HKB), expressed its appreciation of support from the investor
community for the successful completion of its initial public
offering (“IPO”) of 16,000,000 American depositary shares ("ADSs")
at a price of US$7.80 per ADS. The Company’s ADS trading in NYSE is
still undergoing our initial stabilisation period whereby the
underwriters have been granted a green-shoe option, exercisable
within 30 days from the date of the final prospectus, to purchase
up to an aggregate of 2,400,000 additional ADSs at the public
offering price, less underwriting discounts and commissions.
During the period since our initial public offering, the Company
noted significant volatility in our ADS price and, also observed
some very active trading volume. To our knowledge, there are no
material circumstances, events nor other matters relating to our
Company’s business and operating activities since the IPO date. The
Company is also monitoring the market closely for any unusual
trading activities or abnormalities, and would continue to maintain
our communication channel wide-open to the public through our
Investor Relations Office (contact number: +852 3163-3389; EMAIL:
ir@amtdigital.com).
About AMTD Digital Inc.
AMTD Digital Inc. is one of the most comprehensive digital
solutions platforms in Asia. The Company’s 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 SpiderNet ecosystem and
empowers and integrates the various digital businesses within its
ecosystem.
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 Company’s beliefs, plans, and
expectations, are forward-looking statements. Forward-looking
statements involve inherent risks and uncertainties. Further
information regarding these and other risks is included in the
Company’s filings with the SEC. All information provided in this
press release is as of the date of this press release, and the
Company does not undertake any obligation to update any
forward-looking statement, except as required under applicable
law.
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version on businesswire.com: https://www.businesswire.com/news/home/20220801005877/en/
Investor Relations IR Office AMTD Digital Inc. TEL: +852
3163-3389 EMAIL: ir@amtdigital.com
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