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Ruihe Data Technology Holdings Adjusts Share Placing Timeline

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Ruihe Data Technology Holdings Adjusts Share Placing Timeline

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Suoxinda Holdings Limited ( (HK:3680) ) has issued an update.

Ruihe Data Technology Holdings Limited, a company incorporated in the Cayman Islands, announced a supplemental agreement to its proposed placing of new shares under a general mandate. The agreement, initially set to be completed by 2 June 2025, has had its Long Stop Date amended to 23 May 2025, allowing for potential further extension. This adjustment does not alter any other terms of the Placing Agreement. The completion of the placing remains conditional, and stakeholders are advised to exercise caution as the placing may not proceed.

More about Suoxinda Holdings Limited

Average Trading Volume: 674,384

Technical Sentiment Signal: Sell

Current Market Cap: HK$449.4M

Learn more about 3680 stock on TipRanks’ Stock Analysis page.

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