Summary by Moomoo AI
Zhihu Inc., a company listed on the New York Stock Exchange under the ticker 'ZH' and on the HKEX under the code 2390, has announced a conditional voluntary cash offer to buy back up to 46,921,448 Class A ordinary shares, including those in the form of American Depositary Shares (ADSs), at a price of HK$9.11 per share or US$3.50 per ADS. The offer, which was initially announced on July 19, 2024, has not yet commenced and is pending approval by the company's shareholders. Zhihu Inc. has been granted a waiver from the Securities and Futures Commission of Hong Kong for strict compliance with Rule 8.2 of the Code on Takeovers and Mergers and consent for an extension of the latest date for the dispatch...Show More
