Anybody buying $HKD needs to be chemically castrated. via /r/wallstreetbets #stocks #wallstreetbets #investing

Anybody buying $HKD needs to be chemically castrated.

AMTD Digital Inc.: Thank you note to investors and our response to our latest ADS price performance

NEW YORK & SINGAPORE & HONG KONG, August 02, 2022–(BUSINESS WIRE)–AMTD Digital Inc. ("AMTD Digital" or the "Company") (NYSE: HKD), a comprehensive one-stop digital solutions platform headquartered in Asia, and a subsidiary of AMTD IDEA Group (NYSE: AMTD; SGX: HKB), expressed its appreciation of support from the investor community for the successful completion of its initial public offering ("IPO") of 16,000,000 American depositary shares ("ADSs") at a price of US$7.80 per ADS.

The Company’s ADS trading in NYSE is still undergoing our initial stabilisation period whereby the underwriters have been granted a green-shoe option, exercisable within 30 days from the date of the final prospectus, to purchase up to an aggregate of 2,400,000 additional ADSs at the public offering price, less underwriting discounts, and commissions.

TLDR (”Investors” are going to get fucked. However you should clearly know this already…)

Submitted August 02, 2022 at 08:14PM by Broad-Inspector8905
via reddit