-+ 0.00%
-+ 0.00%
-+ 0.00%

Lotus Horizon Falls Below 25% Minimum Public Float Requirement

PUBT·10/20/2026 11:41:28
Listen to the news
Lotus Horizon Falls Below 25% Minimum Public Float Requirement
  • Lotus Horizon Holdings breached Hong Kong's 25% minimum public float requirement following the takeover offer's close on October 20, 2026.
  • Public investors held 499,936,000 shares; the shortfall was not significant under listing rules. A temporary compliance waiver has been requested.
  • The offeror and directors plan share placements or sales to independent investors or the market to restore compliance as soon as possible.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Lotus Horizon Holdings Ltd. published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20261020-12377236), on October 20, 2026, and is solely responsible for the information contained therein.