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An announcement from Ostin Technology Group Co., Ltd. ( (OST) ) is now available.
On May 3, 2025, Ostin Technology Group Co., Ltd. entered into a warrant exchange agreement with holders of 18,181,816 warrants, which were initially issued on April 14, 2025. The agreement involved the cancellation of these warrants in exchange for 70,909,082 Class A Ordinary Shares. This strategic move, completed by May 7, 2025, increased the company’s outstanding shares to 107,430,032 as of May 12, 2025. The exchange was executed under the exemption from registration requirements, potentially impacting the company’s share structure and market positioning.
More about Ostin Technology Group Co., Ltd.
Ostin Technology Group Co., Ltd. operates in the technology industry, focusing on the development and production of electronic components and devices. The company is based in Nanjing, China, and is involved in the manufacturing of display modules and polarizers, which are essential components in various electronic products.
Average Trading Volume: 2,112,197
Technical Sentiment Signal: Hold
Current Market Cap: $152M
See more data about OST stock on TipRanks’ Stock Analysis page.