Dream Home: Termination of Acquisition and Change of Control Matters, Stock Resumes Trading on November 19th.
Dream Home announced that the company originally planned to issue shares and pay cash to acquire the controlling rights of Shanghai Chuantu Microelectronics Co., Ltd. and raise funds. The actual controller, Yu Jingyuan, planned to transfer the controlling rights. Due to various factors involved in the transaction, the parties involved were unable to reach a consensus on the core terms of the agreement, leading to the decision to terminate the plan. The company's stock will be suspended from trading for 9 days starting on November 6, 2025, and will resume trading on the morning of November 19.
Latest

