PIVOT AUTO: Planning to change control rights, stock continues to be suspended
PIVOT AUTO announced that the company will suspend trading from October 31, 2025, to plan for a change in control, which may result in a change of the controlling shareholder and actual controller. As of the announcement date, the overall transaction plan is still under negotiation, and no formal agreement has been signed by the parties involved. It is expected that trading cannot resume as originally planned. Upon application, the company's stock will continue to be suspended from trading starting November 5, 2025, for no more than 2 trading days. The company will disclose progress in a timely manner, and there is uncertainty regarding whether the transaction can be completed
Source: Zhitong The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments