FangDD Announces Termination Plan for Its ADR Facility, and the Plan to Hold an Extraordinary General Meeting of Shareholders
Fangdd Network Group Ltd. - American Depositary Shares (DUO)
Last fangdd network group ltd. - american depositary shares earnings: 3/31 05:00 am
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Source: GlobeNewswire
SHENZHEN, China, June 03, 2024 (GLOBE NEWSWIRE) -- Fangdd Network Group Ltd. (Nasdaq: DUO) (“FangDD” or the “Company”) today announced that the Company and The Bank of New York Mellon intend to terminate the Deposit Agreement, dated October 31, 2019, among FangDD, The Bank of New York Mellon, as the depositary for the Company’s American depositary shares (the “ADS”), and owners and holders of ADSs. As a result, the Company’s existing American depositary receipts (the “ADR”) facility is expected to be terminated at 5:00 p.m. (Eastern Time) on September 4, 2024 (the “Termination Date”). Immediately following the termination of the Company’s ADR facility, the Company plans to list its Class A ordinary shares for trading on The Nasdaq Stock Market LLC (“Nasdaq”) in substitution for its ADSs (the “Substitution Listing”). The Company expects that, upon the effectiveness of the Substitution Listing, its ADSs will cease to be listed on Nasdaq while the Class A ordinary shares represented b
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DUO
News
- FangDD Announces Effective Date for Its Substitution Listing PlanGlobeNewswire
- FangDD Announces Further Updates on Its Substitution Listing PlanGlobeNewswire
- FangDD Reports First Half 2024 Unaudited Financial ResultsGlobeNewswire
- FangDD Announces Updates on Its Substitution Listing Plan [Yahoo! Finance]Yahoo! Finance
- FangDD Announces Updates on Its Substitution Listing PlanGlobeNewswire
DUO
Sec Filings
- 9/27/24 - Form 6-K
- 9/18/24 - Form 6-K
- 9/13/24 - Form 20-F/A
- DUO's page on the SEC website