GALAXIS TECH (02729): Stabilization Period Concludes with Over-Allotment Option Lapsing

Stock News04-20

GALAXIS TECH (02729) has announced the conclusion of the stabilization period related to its global offering on Saturday, April 18, 2026, which marked the 30th day following the deadline for Hong Kong public offering applications. The sponsor and global coordinator, acting for itself and on behalf of the international underwriters, has confirmed that no over-allotted shares were involved in the international offering. Consequently, the over-allotment option was not exercised and lapsed on Saturday, April 18, 2026. The company has been notified by the stabilizing agent that no stabilizing actions were taken by the stabilizing agent or any party acting on its behalf during the stabilization period.

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