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Cybernaut International Delays Dispatch of Acquisition Circular

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Cybernaut International Delays Dispatch of Acquisition Circular

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Cybernaut International Holdings Company Limited ( (HK:1020) ) has shared an announcement.

Cybernaut International Holdings Company Limited announced a delay in the dispatch of a circular related to its recent acquisition. The circular, which includes details about the Sale and Purchase Agreement, financial information of the Target Group, and unaudited pro forma financial information of the Enlarged Group, was initially expected to be sent to shareholders by February 28, 2025. However, the company now anticipates dispatching it by March 31, 2025, due to the need for additional preparation time. This delay may affect stakeholders’ timelines and expectations regarding the acquisition process.

More about Cybernaut International Holdings Company Limited

Cybernaut International Holdings Company Limited is a company incorporated in the Cayman Islands, operating with limited liability. It is listed on the Hong Kong Stock Exchange under the stock code 1020.

YTD Price Performance: -4.29%

Average Trading Volume: 6,616,305

Technical Sentiment Consensus Rating: Buy

Current Market Cap: HK$273.5M

See more insights into 1020 stock on TipRanks’ Stock Analysis page.

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