GALAXIS TECH (02729): End of stable price period, excess rights issue become invalid.

12:08 20/04/2026

Kaiser Technology (02729) announced that the stable price period for the global offering ended on April 18, 2026 (Saturday) (the 30th day after the deadline for submitting the Hong Kong public offering application).

Galaxis Tech (02729) announced that the stable price period for the global offering ended on April 18, 2026 (Saturday) (i.e. 30 days after the deadline for submitting applications for public offering in Hong Kong). The sponsor and overall coordinator (on behalf of itself and the international underwriters) have confirmed that there was no oversubscription of shares under the international offering. As a result, the oversubscription rights were not exercised, and they expired on April 18, 2026 (Saturday). The company has been informed by the stabilizing price operator that no stabilizing actions were taken during the stable price period by the stabilizing price operator or anyone acting on its behalf.

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