DJ Sky Solar Holdings Shares Rise 11% After Winding Up Petition Struck Out
By Chris Wack
Sky Solar Holdings Ltd. shares were up 11%, to $9.55, after the company said that Wednesday, the winding up petition, in respect of the company filed by Hudson Capital Solar Infrastructure GP in its capacity as general partner of Hudson Solar Cayman LP, was struck out by the court in the Cayman Islands.
As the company announce, on Sept. 8, Square Acquisition Co.'s tender offer to purchase all of the issued and outstanding ordinary shares of Sky Solar expired.
Through the offer, Square Acquisition accepted for payment all ordinary shares validly tendered pursuant to the offer, and ordinary share and ADS holders whose ordinary shares and ADSs were accepted in the offer were paid 30 cents per ordinary share or $6 per ADS.
Following the completion of the offer and the striking out of the Winding Up Petition, the company and Square Acquisition Co. intend to effect the previously announced merger, with Sky Solar as the surviving entity.
Write to Chris Wack at chris.wack@wsj.com
(END) Dow Jones Newswires
October 07, 2020 10:23 ET (14:23 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
DJ天空太阳能控股公司股价在清盘请愿书被否决后上涨11%
克里斯·瓦克(Chris Wack)著
天空太阳能控股有限公司(Sky Solar Holdings Ltd.)股价上涨11%，至9.55美元，该公司周三表示，哈德逊资本太阳能基础设施公司(Hudson Capital Solar Infrastructure GP)以哈德逊太阳能开曼群岛(Hudson Solar Cayman LP)普通合伙人的身份提交的清盘申请被开曼群岛法院驳回。
正如该公司在9月1日宣布的那样。8日，Square Acquisition Co.收购天空太阳能全部已发行和已发行普通股的投标要约到期。
通过要约收购，Square Acquisition接受了根据要约有效投标的所有普通股用于支付，而普通股和ADS持有人的普通股和美国存托凭证在要约中被接受的支付方式为每股普通股30美分或每股ADS 6美元。
在报价完成和清盘请愿书敲定后，该公司和Square Acquisition Co.打算实施之前宣布的合并，天空太阳能公司是尚存的实体。
写信给克里斯·瓦克(chris.wack@wsj.com)
(完)道琼斯通讯社
2020年10月7日美国东部时间10：23(格林尼治标准时间14：23)
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