Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
HK Acquisition Corp. ( (HK:2562) ) just unveiled an announcement.
Synagistics Limited, formerly known as HK Acquisition Corporation, has announced the exercise of the Promoter Earn-out Right following a De-SPAC transaction. The Promoter Earn-out Triggering Event occurred when the share price met specified conditions, allowing promoters to subscribe to 10,005,000 shares. These shares will be issued with lock-up restrictions until October 2025, impacting the company’s share distribution and potentially its market position.
More about HK Acquisition Corp.
Average Trading Volume: 4,580,847
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$9.5B
For detailed information about 2562 stock, go to TipRanks’ Stock Analysis page.