GPIXEL Announces Conclusion of Stabilization Period and Related Actions

Stock News05-14

GPIXEL (03277) has announced the conclusion of the stabilization period in relation to its global offering, which ended on May 14, 2026, being the 30th day after the deadline for submitting applications under the Hong Kong public offering.

During the stabilization period, the stabilization agent, CLSA Limited, or any person acting on its behalf, undertook the following stabilization actions: an over-allotment of a total of 9,794,100 offer shares in the international offering, representing approximately 15.0% of the total number of offer shares available under the global offering (prior to the exercise of any over-allotment option); and the full exercise of the over-allotment option on May 8, 2026, by the joint global coordinators (for themselves and on behalf of the international underwriters) for a total of 9,794,100 H shares at HKD 39.88 per H share. This exercise was to facilitate the delivery of a portion of H shares to placees who had agreed to a delayed delivery of the relevant H shares they subscribed for under the global offering.

Throughout the stabilization period, the stabilization agent did not conduct any market transactions in H shares for price stabilization purposes.

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