Gigadevice Fully Exercises Over-Allotment Option, Concludes Price Stabilization Period

Stock News02-08 18:20

Gigadevice has announced that the over-allotment option described in the prospectus was fully exercised on Saturday, February 7, 2026, by the global coordinators acting on behalf of the international underwriters. The exercise involves a total of 4.3373 million H shares, representing approximately 15.0% of the total shares offered under the global offering prior to any over-allotment option being exercised. The over-allotment shares will be allotted and issued by the company at an H share price of HKD 162.00 per share. These shares will be used to facilitate early delivery of a portion of H shares to placees who agreed to defer delivery of their respective shares subscribed for under the global offering. The company further announced that the price stabilization period for the global offering ended on Saturday, February 7, 2026, which marks the 30th day after the deadline for submitting applications under the Hong Kong public offering.

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