Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
Super X AI Technology ( (SUPX) ) has issued an update.
On May 4, 2026, SuperX AI Technology Limited signed a sale and purchase agreement to dispose of OPS Interior Design Consultant Limited, its wholly owned Hong Kong subsidiary and legacy interior design business, to OPS founders and directors Yip Sai Kit Dicky, Chan Yuk Ki Francis and So Siu Lai. The company’s board had approved the deal on April 30, 2026, setting total consideration at HKD 18.76 million, with the buyers assuming an equivalent intercompany payable owed by SuperX to OPS in lieu of a cash payment.
Completion occurred on May 7, 2026, transferring 100% of OPS’s share capital in roughly equal portions to the three buyers while leaving all existing OPS contracts, assets, employees and liabilities within the divested entity. SuperX said OPS ceased to be its subsidiary and indicated it expects to book a gain on disposal in the period of completion, while stating the transaction is not expected to have a material adverse impact on its ongoing business, financial condition or operating results, signaling a further step away from non-core legacy activities.
More about Super X AI Technology
SuperX AI Technology Limited is a British Virgin Islands-incorporated company with principal executive offices in Singapore and a listing in the United States as a foreign private issuer. The group previously held OPS Interior Design Consultant Limited, a Hong Kong-based interior design business that formed part of its legacy operations rather than its core AI-focused activities.
Average Trading Volume: 338,632
Technical Sentiment Signal: Sell
Current Market Cap: $200.6M
See more insights into SUPX stock on TipRanks’ Stock Analysis page.