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GigaDevice Fully Exercises Over-Allotment Option After Hong Kong Global Offering

Story Highlights
  • GigaDevice fully exercised its over-allotment option, issuing 4.34 million additional H shares at HK$162.
  • Listing approval is granted for the extra shares as stabilization period ends, with trading to begin February 11, 2026.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
GigaDevice Fully Exercises Over-Allotment Option After Hong Kong Global Offering

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Giga Device Semiconductor Inc. Class H ( (HK:3986) ) has shared an update.

GigaDevice Semiconductor Inc. has announced the full exercise of the over-allotment option in connection with its recent global offering, resulting in the issuance of 4,337,300 additional H shares, equivalent to about 15% of the original offer size, at an offer price of HK$162.00 per share. The additional shares, which will facilitate delivery to investors who agreed to delayed settlement, have received listing approval from the Hong Kong Stock Exchange, with trading expected to begin on February 11, 2026, while the company also confirmed the completion of stabilization activities for the offering, signaling the end of post-IPO price-support measures.

More about Giga Device Semiconductor Inc. Class H

GigaDevice Semiconductor Inc. is a joint stock company incorporated in the People’s Republic of China with limited liability, listed in Hong Kong under stock code 3986. The company operates in the semiconductor industry and issues H shares on the Hong Kong Stock Exchange to access international capital markets.

Average Trading Volume: 1,874,885

Current Market Cap: HK$207.5B

For detailed information about 3986 stock, go to TipRanks’ Stock Analysis page.

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