Cloudx 1 announced that Foxconn Far East, an existing 6.61% shareholder in the group and part of Taiwan's Hon Hai, will buy shares from current holders FSK and FDG Fund at NT$0.6374 a share, with the deals covering 23.68% and 10.17% of their holdings, respectively, according to Ming Pao.
The transaction involves 239 million shares in total and a consideration of more than NT$152 million. The offer price is a 55.46% premium to Cloudx 1's closing price last Friday and a 51.76% premium to today's closing price. After the acquisitions, Foxconn Far East's stake will rise to 40.46%, above the 30% mandatory takeover threshold, prompting it to make a full offer for Cloudx 1 at the same price.
STOCKS | Foxconn Far East Makes 63.74-Cent Offer For Cloudx 1
2026-07-27 16:03:28
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
Previous article：
加密行业盼Clarity Act推进表决
