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0.00189250567751706 0.00227100681302039 0.00264950794852386 0.00264950794852386 0.00227100681302039 0.00227100681302039 0.00189250567751706 0.00227100681302039
Stock impact report

Hollysys Announces Completion of Merger Transaction with Ascendent Capital Partners

Hollysys Automation Technologies, Ltd. (HOLI) 
Last hollysys automation technologies, ltd. earnings: 2/19 05:00 pm Check Earnings Report
US:NASDAQ Investor Relations: hollysys.investorroom.com
Company Research Source: PR Newswire
•     Requests trading of its shares be suspended as of close of trading July 25, 2024BEIJING, July 25, 2024 /PRNewswire/ -- Hollysys Automation Technologies Ltd. (NASDAQ: HOLI) ("Hollysys" or the "Company") and Ascendent Capital Partners ("Ascendent") today announced the completion of the merger (the "Merger") between Hollysys and entities affiliated with Ascendent, pursuant to the previously announced agreement and plan of merger, dated as of December 11, 2023 (the "Merger Agreement") among the Company, Superior Technologies Holding Limited ("Parent") and its wholly-owned subsidiary Superior Technologies Mergersub Limited ("Merger Sub").Leon Meng, Founding Managing Partner and Chairman of Ascendent said: "We are delighted to complete the acquisition of Hollysys. We look forward to working constructively with the key management and employees of the Company to bring our vision to the business and create the best possible outcome for the staff and customers of Hollysys in the future."  Show less Read more
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