Fangdd Prepares for Nasdaq Transition, Delays Exchange
Company Announcements

Fangdd Prepares for Nasdaq Transition, Delays Exchange

Fangdd Network Group (DUO) has released an update.

Fangdd Network Group Ltd. has announced updates to its plan to transition from American depositary receipts to a direct listing of its Class A ordinary shares on the Nasdaq, under the symbol ‘DUO.’ The mandatory exchange of ADSs for Class A shares has been delayed from its initial September 4, 2024 date, as the company works with Nasdaq and other parties to finalize details, with the new date to be announced later. There are no actions required from ADS holders for the exchange, and no fees will be charged in the process.

For further insights into DUO stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Auto-Generated NewsdeskFangdd Network Group Partners with MM Global for Securities Offering
TheFlyFangdd Network prices $5M registered direct offering at 70c per share
TipRanks Auto-Generated NewsdeskFangdd Regains Nasdaq Compliance Status
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App