Odd Lot Index

High Templar Tech Ltd HTT

Odd lots go first

Read automatically from the filing
In a Dutch auction, tendering too high can cost you the priority. The company picks the lowest price that buys the shares it wants, and everyone at or below that price gets it. Tender above it and your shares come back unpurchased — and because you are not in the accepted pool at all, the odd-lot priority never applies. Most offers have a box meaning "accept whatever price is determined", which keeps you in the pool; the trade-off is that you give up any say in the price. The filing explains both.
StatusClosed
Closing date2026-06-24
How it is pricedDutch auction
Odd-lot thresholdFewer than 100 shares
Must tender everything you holdYes
Must tick the odd-lot box on the formNot stated
Price offeredUSD $2.80 to $3.20 per share, in steps of $0.05
Cleared at$3.20
Most an odd-lot tender could be$316.80

How it finished

Odd-lot holder (under 100 shares)100%
Everyone else88.8%
Expired2026-06-24
Shares tendered45,999,926
Shares accepted39,999,926
Proration factor88.8%
Overall acceptance87%
stated proration 88.8% applies to the prorated pool; overall acceptance was 86.96%. The difference is expected: odd lots, withdrawn conditional tenders or a top-up right sit outside that pool

Where each of these comes from

Every line above was read out of the filing. Here is the wording it was read from, so you can check it.

expiry = 2026-06-24...Deutsche Bank Securities Inc. Offer to Purchase dated May 26, 2026 TABLE OF CONTENTS IMPORTANT If you want to tender all or any portion of your ADSs, you must do one of the following before the Offer expires at 5:00 P.M., New York City time, on June 24, 2026 (unless the Offer is extended): • if your ADSs are registered in the name of a broker, dealer, commercial bank, trust company or other nominee, contact the nominee and request that the nominee tender your ADSs for you. Beneficial owners sh...
listed = True...y shareholder of record of such shares. TABLE OF CONTENTS THE OFFER IS NOT CONDITIONED ON THE RECEIPT OF FINANCING OR ANY MINIMUM NUMBER OF ADSS BEING TENDERED. THE OFFER IS, HOWEVER, SUBJECT TO CERTAIN OTHER CONDITIONS. SEE SECTION 7. The ADSs are listed and traded on the New York Stock Exchange (“NYSE”) under the symbol “HTT.” On May 22, 2026, the last full trading day prior to the commencement of the Offer, the last reported sale price of the ADSs on NYSE was US$2.44 per ADS. Securityholders are urged to obtain current market quotations for the ADSs before deciding whether and at what purchase price or purchase prices to tender their...
mechanism = DUTCH...t a prompt deployment of our investable cash for this purpose is in the best interests of our securityholders. The Offer provides a mechanism for completing a sizeable repurchase of ADSs more rapidly than would be possible through open market repurchases. The modified Dutch auction tender offer set forth in this Offer to Purchase provides our securityholders with the opportunity to tender all or a portion of their ADSs and thereby receive a return of some or all of their investment in the Company, if they so elect. The Offer also provides our securityholders with an efficient way to sell their ADSs without incurrin...
mechanism = DUTCHEX-99.(A)(5)(B) 2 tm2618847d1_ex99-a5b.htm EXHIBIT (A)(5)(B) Exhibit (a)(5)(B) High Templar Tech Announces Preliminary Results of Modified Dutch Auction Tender Offer XIAMEN, China, June 25, 2026 /PRNewswire/ -- High Templar Tech Limited (the “Company,” “High Templar” or “we”) (NYSE: HTT), announced today the preliminary results of its “modified Dutch Auction” tender offer to purchase up to 39 million American Depositary Shares (the “ADSs”) of the Company, each representing one Class A or...
mechanism = DUTCHEX-99.(A)(5)(C) 2 tm2618847d2_ex99-a5c.htm EXHIBIT (A)(5)(C) Exhibit (a)(5)(C) High Templar Tech Announces Final Results of Modified Dutch Auction Tender Offer XIAMEN, China, June 29, 2026 /PRNewswire/ -- High Templar Tech Limited (the “Company,” “High Templar” or “we”) (NYSE: HTT), announced today the final results of its “modified Dutch Auction” tender offer to purchase up to 39 million American Depositary Shares (the “ADSs”) of the Company, each representing one Class A ordinary...
must_tender_all = True...Ss tendered by Purchase Price Tender) conditionally (for which the condition was not initially satisfied) by random lot, to the extent feasible. To be eligible for purchase by random lot, securityholders whose ADSs are conditionally tendered must have validly tendered all of their ADSs at or below the Purchase Price and not validly withdrawn them before the Expiration Date. ​ We may not purchase all of the ADSs that you tender if over 39 million ADSs are properly tendered (and not properly withdrawn), including because of “Odd Lot” priority, proration and conditional tender provisions in this Offer to Purchase. See Sec...
price = USD 2.8-3.2..., each representing one Class A ordinary share, par value US$0.0001 per share (the “Class A Ordinary Shares”), for purchase by us at a price calculated as described herein that is not less than US$2.80 and not greater than US$3.20 per ADS to the seller in cash, less any applicable withholding taxes and without interest, upon the terms and subject to the conditions described in this Offer to Purchase (together with any amendments or supplements th...
price = USD 3.2...t Company, LLC, the depositary for the tender offer (the “Depositary”), a total of 46,046,558 ADSs of the Company were properly tendered and not properly withdrawn at or below the purchase price of US$3.20 per ADS, including 446,909 ADSs that were tendered by notice of guaranteed delivery. In accordance with the terms and conditions of the tender offer and based on the preliminary count by the Depositary, the Company expects to p...
price = USD 3.2...t Company, LLC, the depositary for the tender offer (the “Depositary”), a total of 45,999,926 ADSs of the Company were properly tendered and not properly withdrawn at or below the purchase price of US$3.20 per ADS, including 387,477 ADSs that were tendered by notice of guaranteed delivery. The Company has accepted for purchase a total of 39,999,926 ADSs that were tendered in the tender offer at a purchase price of US$3.20 per ADS...
priority = True...han 39 million ADSs (or such greater number of ADSs as we may elect to purchase, subject to applicable law) are properly tendered at or below the Purchase Price and not properly withdrawn, we will accept ADSs for purchase in the following order of priority: • first, we will purchase Odd Lots (as defined in Section 1) of fewer than 100 ADSs at the Purchase Price from securityholders who validly tender all of their ADSs at or below the Purchase Price (including ADSs tendered by Purchase Price Tender) and who do not validly withdraw them before the Expiration Date (tenders of less than all of the ADSs owned, beneficially or of record, by such Odd Lot Holder (as defined in Sec...
threshold = 100...such greater number of ADSs as we may elect to purchase, subject to applicable law) are properly tendered at or below the Purchase Price and not properly withdrawn, we will accept ADSs for purchase in the following order of priority: • first, we will purchase Odd Lots (as defined in Section 1) of fewer than 100 ADSs at the Purchase Price from securityholders who validly tender all of their ADSs at or below the Purchase Price (including ADSs tendered by Purchase Price Tender) and who do not validly withdraw them before the Expiration Date (tenders of less than all of the ADSs owned, beneficially or of record, by such Odd Lot Holder (as defined in Sec...
txn_type = TENDER_OFFEREX-99.(A)(1)(A) 2 tm2615461d1_ex99-a1a.htm EXHIBIT (A)(1)(A) tm2615461-1_sctoi_DIV_04-exhibita1a - none - 4.6250399s TABLE OF CONTENTS Exhibit (a)(1)(A)​ Offer to Purchase for Cash By High Templar Tech Limited of Up to 39,000,000 of its American Depositary Shares At a Purchase Price not less than US$2.80 nor greater than US$3.20 per American Depositary Share CUSIP: 747798106 THE OFFER, PRORATION PERIOD AND WITHDRAWAL RIGHTS WILL EXPIRE AT 5:00 P.M. NEW YORK CITY TIME, JUNE 24, 2026, UNLESS THE OFFER IS EXT...
txn_type = TENDER_OFFER...eliminary Results of Modified Dutch Auction Tender Offer XIAMEN, China, June 25, 2026 /PRNewswire/ -- High Templar Tech Limited (the “Company,” “High Templar” or “we”) (NYSE: HTT), announced today the preliminary results of its “modified Dutch Auction” tender offer to purchase up to 39 million American Depositary Shares (the “ADSs”) of the Company, each representing one Class A ordinary share, par value US$0.0001 per share, which expired at 5:00 P.M., New York City time, on June 24, 2026. Based on the preliminary count by Equiniti Trust Company, LLC, the depositary for the tender offer (the “Depositary”), a to...
txn_type = TENDER_OFFER...Announces Final Results of Modified Dutch Auction Tender Offer XIAMEN, China, June 29, 2026 /PRNewswire/ -- High Templar Tech Limited (the “Company,” “High Templar” or “we”) (NYSE: HTT), announced today the final results of its “modified Dutch Auction” tender offer to purchase up to 39 million American Depositary Shares (the “ADSs”) of the Company, each representing one Class A ordinary share, par value US$0.0001 per share, which expired at 5:00 P.M., New York City time, on June 24, 2026. Based on the final count by Equiniti Trust Company, LLC, the depositary for the tender offer (the “Depositary”), a total of...
accepted = 39999926...ompany were properly tendered and not properly withdrawn at or below the purchase price of US$3.20 per ADS, including 387,477 ADSs that were tendered by notice of guaranteed delivery. The Company has accepted for purchase a total of 39,999,926 ADSs that were tendered in the tender offer at a purchase price of US$3.20 per ADS, for an aggregate cost of US$127,999,763.20, excluding fees and expenses relating to the tender offer. Included in the 39,999,926 ADSs that the Company accepted for purchase are 999,926 ADSs that the C...
expired_on = 2026-06-24...ied Dutch Auction” tender offer to purchase up to 39 million American Depositary Shares (the “ADSs”) of the Company, each representing one Class A ordinary share, par value US$0.0001 per share, which expired at 5:00 P.M., New York City time, on June 24, 2026. Based on the final count by Equiniti Trust Company, LLC, the depositary for the tender offer (the “Depositary”), a total of 45,999,926 ADSs of the Company were properly tendered and not properly withdrawn at or below the purchase price of US$3.20 per ADS, including 387,477 ADSs...
final_price = 3.2...of US$3.20 per ADS, including 387,477 ADSs that were tendered by notice of guaranteed delivery. The Company has accepted for purchase a total of 39,999,926 ADSs that were tendered in the tender offer at a purchase price of US$3.20 per ADS, for an aggregate cost of US$127,999,763.20, excluding fees and expenses relating to the tender offer. Included in the 39,999,926 ADSs that the Company accepted for purchase are 999,926 ADSs that the Company elected to purchase pursuant to its right to purchase up to an addition...
oddlot_filled = YES...ected to purchase pursuant to its right to purchase up to an additional 2% of its outstanding ADSs. Due to the oversubscription of the tender offer, the Company accepted the ADSs on a pro rata basis, except for tenders of “odd lots,” which were accepted in full, and conditional tenders that were automatically regarded as withdrawn because the condition of the tender has not been met, and has been informed by the Depositary that the final proration factor for the tender offer is approximately 88.8%. The total of 39,999,926 ADSs that the...
proration_pct = 88.8...ich were accepted in full, and conditional tenders that were automatically regarded as withdrawn because the condition of the tender has not been met, and has been informed by the Depositary that the final proration factor for the tender offer is approximately 88.8%. The total of 39,999,926 ADSs that the Company has accepted for purchase represents approximately 42.8% of the total number of ADSs outstanding as of June 25, 2026. Deutsche Bank Securities Inc. acted as dealer manager for the tender offer and D.F. King & Co., Inc. acted as info...
tendered = 45999926...er share, which expired at 5:00 P.M., New York City time, on June 24, 2026. Based on the final count by Equiniti Trust Company, LLC, the depositary for the tender offer (the “Depositary”), a total of 45,999,926 ADSs of the Company were properly tendered and not properly withdrawn at or below the purchase price of US$3.20 per ADS, including 387,477 ADSs that were tendered by notice of guaranteed delivery. The Company has accepted for purchase a total of 39,999,926 ADSs that were tendered in the tender offer at a purchase price o...

The filings

FiledFormRoleOn EDGAR
2026-05-26SC TO-Ioriginal (governing)View
2026-06-25SC TO-I/AamendmentView
2026-06-29SC TO-I/AamendmentView