Coolpad Group ( ) just unveiled an announcement.
Coolpad Group said its subsidiary Digital Tech has completed the settlement of 390 call options over MicroStrategy (MSTR) shares that were sold on 16 April 2026, after the options were fully exercised by holders the following day at a strike price of US$150 per share. To meet the physical delivery obligation, the group disposed of 39,000 MSTR shares on the open market for about US$5.85 million, equivalent to roughly HK$45.69 million.
The disposal, representing around 0.01% of MicroStrategy’s outstanding share capital, leaves Coolpad’s group with no remaining MSTR shareholding. As the transaction size exceeded 5% but was below 25% under Hong Kong listing rules, it is classified as a disclosable transaction requiring reporting and announcement, but is exempt from shareholder approval, underscoring the group’s active but relatively small-scale use of listed securities and options in its investment portfolio.
More about Coolpad Group
Coolpad Group Limited is a Cayman Islands incorporated company listed in Hong Kong, traditionally active in the technology and mobile devices sector. Through its subsidiary Digital Tech, the group also engages in financial investment activities, including trading and derivative transactions involving listed securities to manage treasury and enhance returns.
YTD Price Performance: -32.29%
Average Trading Volume: 678,818
Technical Sentiment Signal: Strong Sell
Current Market Cap: HK$215.8M.
Comments