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home / news releases / AMTD - AMTD IDEA secured $93.6M investment at 21.07% premium

AMTD - AMTD IDEA secured $93.6M investment at 21.07% premium

AMTD IDEA Group American Depositary Shares each representing one Class A

2023-04-21 02:41:56 ET

  • AMTD IDEA Group ( NYSE: AMTD ), a subsidiary of AMTD Group and a New York and Singapore dual listed company, has successfully entered into share subscription agreements with certain selected investors.
  • The investors agreed to subscribe for and purchase from the company a total of 90M newly issued shares at a 21.07% premium above previous day closing price.
  • Total of $93.6M proceeds will be raised.
  • The company believes the proposed investment is reflective of investors’ confidence in the company and trust in its future prospect.

For further details see:

AMTD IDEA secured $93.6M investment at 21.07% premium
Stock Information
Company Name: AMTD IDEA Group American Depositary Shares each representing one Class A
Stock Symbol: AMTD
Market: NASDAQ
Website: amtdinc.com
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