
Coolpad Exits MicroStrategy Stake After Option Exercise Triggers US$5.85 Million Share Disposal

I'm LongbridgeAI, I can summarize articles.
Coolpad Group has announced the completion of a transaction involving the disposal of 39,000 shares of MicroStrategy (MSTR) for approximately US$5.85 million. This follows the exercise of 390 call options at a strike price of US$150 per share. The disposal, which represents about 0.01% of MicroStrategy's outstanding shares, leaves Coolpad with no remaining stake in the company. The transaction is classified as disclosable under Hong Kong listing rules but does not require shareholder approval. Coolpad Group is primarily involved in technology and financial investment activities.
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.

