Axera Semiconductor Ends Stabilization Period After Market Purchases and Partial Greenshoe Exercise

Reuters03-08
Axera Semiconductor Ends Stabilization Period After Market Purchases and Partial Greenshoe Exercise

The stabilizing manager reported that it over-allocated 15,737,200 H shares in the international offering, then conducted market transactions during the stabilization period. It purchased 17,764,700 H shares at prices ranging from HK$22.10 to HK$28.20, with the last purchase on March 6 at HK$28.20, and sold 3,203,600 H shares at prices ranging from HK$32.70 to HK$36.90, with the last sale on February 23 at HK$33.00.

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. Axera Semiconductor Co. Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260308-12044912), on March 08, 2026, and is solely responsible for the information contained therein.

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