other material
confidence high
sentiment neutral
materiality 0.40
ACM Research to sell 4.8M shares of ACM Shanghai (1% stake) via inquiry-based transfer
ACM Research, Inc.
- ACM Research intends to sell 4,801,648 shares of ACM Shanghai (1.34% of its ownership; 1% of total shares) via SSE inquiry-based transfer for general corporate purposes.
- Floor price set at no less than 70% of the 20-day average trading price of ACM Shanghai shares through the date of the subscription invitation.
- Transferees must be qualified institutional investors; shares acquired are subject to a 6-month lock-up.
- The transfer does not change control of ACM Shanghai; ACMR US remains controlling shareholder.