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Forgame Takes Delivery of Longfor Shares After Equity-Linked Note Triggers Disclosable Deal

Story Highlights
  • Forgame entered a US$750,000 equity-linked note, fully cash-funded, tied to Longfor, Vistra and NetEase shares.
  • With Longfor’s price below strike, Forgame must take 736,559 shares, making the deal a disclosable transaction.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Forgame Takes Delivery of Longfor Shares After Equity-Linked Note Triggers Disclosable Deal

Meet Samuel – Your Personal Investing Prophet

An announcement from Forgame Holdings Ltd. ( (HK:0484) ) is now available.

Forgame Holdings Limited has disclosed that it entered into an equity-linked fixed coupon note in September 2025 with a principal amount of US$750,000, linked to shares of Longfor Group Holdings, Vistra Corp and NetEase Inc. The note, issued by BNP Paribas through its Hong Kong branch and funded entirely by Forgame’s internal cash, carried a six-month tenor and an 18.37% coupon.

Following the final valuation on 2 April 2026, the underlying share price of Longfor fell below the strike price, obliging Forgame to take delivery of 736,559 Longfor shares at approximately US$1.023 per share, for a total of about US$750,000 excluding transaction costs. As one of the applicable percentage ratios for this acquisition exceeds 5% but remains below 25%, the transaction is classified as disclosable under Hong Kong listing rules, underscoring Forgame’s active use of structured products in its treasury and investment operations.

The most recent analyst rating on (HK:0484) stock is a Hold with a HK$0.86 price target. To see the full list of analyst forecasts on Forgame Holdings Ltd. stock, see the HK:0484 Stock Forecast page.

More about Forgame Holdings Ltd.

Forgame Holdings Limited is a Cayman Islands-incorporated company listed in Hong Kong under stock code 484. The group is engaged in investment activities that include trading and holding of listed securities as part of its broader capital management strategy.

Average Trading Volume: 77,530

Technical Sentiment Signal: Strong Sell

Current Market Cap: HK$126.3M

For detailed information about 0484 stock, go to TipRanks’ Stock Analysis page.

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