GigaDevice to Unlock 2.23 Million Shares Worth RMB904 Million on Sept 1
GigaDevice Semiconductor will release 2.2264 million restricted shares from lock-up on Tuesday, September 1. Based on the latest closing price, the total market value of the unlocked shares is approximately RMB904 million, representing 0.32% of the company's total share capital.
GigaDevice Semiconductor will see the unlocking of restricted shares on Tuesday, September 1. The number of shares to be unlocked in this batch is 2.2264 million. Based on the latest closing price, the total market value of the shares being unlocked is approximately RMB904 million. In terms of the proportion of the unlocked shares to the company's total share capital, the unlocking ratio stands at 0.32%.