Innovax Updates Investors on Pending Mandatory Cash Offer and Regulatory Approvals

Innovax Holdings Limited ( (HK:2680) ) has issued an update.

Innovax Holdings Limited and controlling shareholder-to-be Wang Tingfa have issued a further monthly update on the proposed unconditional mandatory cash offer for all Innovax shares not already owned by Wang and his concert parties, which is tied to completion of a sale and purchase agreement and a connected disposal transaction. The offer remains contingent on regulatory approvals, notably the SFC’s consent for Wang or other parties to become substantial shareholders of the group’s regulated entities, and although the relevant SFC applications were filed in late October 2025, the parties are still responding to regulator requisitions and none of the conditions has yet been satisfied or waived, meaning the offer may or may not proceed; shareholders are advised to await the forthcoming composite offer document and independent advice before taking any action.

The most recent analyst rating on (HK:2680) stock is a Hold with a HK$14.00 price target. To see the full list of analyst forecasts on Innovax Holdings Limited stock, see the HK:2680 Stock Forecast page.

More about Innovax Holdings Limited

Innovax Holdings Limited is a Hong Kong–listed company incorporated in the Cayman Islands, with its shares traded on the Main Board of the Stock Exchange of Hong Kong under stock code 2680. The group includes regulated subsidiaries overseen by the Securities and Futures Commission (SFC), implying a core business in licensed financial or securities-related services within Hong Kong’s regulated financial sector.

Average Trading Volume: 146,209

Technical Sentiment Signal: Buy

Current Market Cap: HK$744M

For an in-depth examination of 2680 stock, go to TipRanks’ Overview page.