Summary by Moomoo AI
Zhihu Inc., a company incorporated in the Cayman Islands and listed on both the NYSE and HKEX, 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 (ADS), at a price of HK$9.11 per share or US$3.50 per ADS. The offer, advised by Deutsche Bank AG, Hong Kong Branch, was initially detailed in a July 19, 2024 announcement. However, Zhihu Inc. has requested and received approval for an extension of the deadline to dispatch the offer document to shareholders and ADS holders to on or before September 9, 2024. This extension is due to the need for additional time to prepare and finalize certain financial information. The completion of...Show More