Odd Lot Index

Zhihu Inc. ZH

Terms unclear

Unclear — read the filing yourself
StatusClosed
Closing date2024-10-30
How it is pricedPriced at net asset value
Odd-lot threshold—
Must tender everything you holdNot stated
Must tick the odd-lot box on the formNot stated

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 = 2024-10-30...Equivalent of US$3.50 per American Depositary Share) ISIN Number of Class A Ordinary Shares: KYG989MJ1017 CUSIP Number of American Depositary Shares: 98955N 207 ​ THE U.S. OFFER AND WITHDRAWAL RIGHTS WILL EXPIRE AT 4:00 A.M., NEW YORK CITY TIME, ON WEDNESDAY, OCTOBER 30, 2024, UNLESS THE U.S. OFFER IS EXTENDED. ​ Zhihu Inc., an exempted company with limited liability incorporated under the laws of the Cayman Islands, is making an all cash tender offer pursuant to this U.S. Offer to Purchase, which we refer to a...
expiry = 2024-10-30...olders by way of poll at the EGM held on Wednesday, October 16, 2024. As the Condition has been fulfilled, the Offers have become unconditional on Wednesday, October 16, 2024. The Non-U.S. Offer will remain open for acceptance until 4:00 p.m., Hong Kong time, on Wednesday, October 30, 2024. The U.S. Offer will remain open for acceptance until 4:00 a.m., New York City time, Wednesday, October 30, 2024. Shareholders and ADS holders are advised to read the Offer Document or the U.S. Offer to Purchase carefully, including the le...
listed = True...or before December 31, 2024, the Offers will not proceed. The U.S. Offer is not subject to any financing or minimum tender condition. See “The U.S. Offer — Condition to the U.S. Offer.” How can I determine the market value of my securities? The Company’s ADSs are traded on the NYSE under the ticker symbol “ZH,” and its Class A Ordinary Shares are traded on the Main Board of the Hong Kong Stock Exchange under the stock code “2390.” Prices of these securities may fluctuate widely depending on trading volume, the balance between buy and sell orders, prevailing interest rates, the Company’s results of operations, and t...
mechanism = NAV...ed by the Offer Price is below the Net Asset Value. However, when arriving at our recommendation as set out in the paragraph headed “Recommendation” below, we have considered a host of factors with comprehensive analysis, in addition to this discount of Offer Price to Net Asset Value per Share. ​ 1 Calculated as: RMB3,159 million (cash and cash equivalents) — RMB1,680 million (total current liabilities) — RMB28 million (total non-current liabilities) ​ 56 TABLE OF CONTENTS 4.1 Historical price performance of the Shares ​ Set out below is a chart illustrating the historical closing prices of Class A Ordinary Shares as quoted on...
txn_type = TENDER_OFFEREX-99.(A)(1)(A) 2 tm2422796d3_ex99-a1a.htm EXHIBIT (A)(1)(A) tm2422796-3_sctoi_DIV_03a-exhibita1a - none - 18.9375672s TABLE OF CONTENTS Exhibit (a)(1)(A)​ United States Offer to Purchase for Cash By ZHIHU INC. Up to 46,921,448 of Its Class A Ordinary Shares (Including in the Form of American Depositary Shares) At HK$9.11 per Class A Ordinary Share (Equivalent of US$3.50 per American Depositary Share) ISIN Number of Class A Ordinary Shares: KYG989MJ1017 CUSIP Number of American Depositary Shares: 98955N 207 ​ THE U.S. OFF...
txn_type = TENDER_OFFER...e until 4:00 p.m., Hong Kong time, on Wednesday, October 30, 2024. The U.S. Offer will remain open for acceptance until 4:00 a.m., New York City time, Wednesday, October 30, 2024. Shareholders and ADS holders are advised to read the Offer Document or the U.S. Offer to Purchase carefully, including the letter from the Independent Board Committee and the letter of advice from the Independent Financial Adviser to the Independent Board Committee and the Independent Shareholders, before deciding whether or not to accept the Offers. Shareholders and ADS holders should also note that their voting decisions on the ord...

The filings

FiledFormRoleOn EDGAR
2024-09-09SC TO-Ioriginal (governing)View
2024-10-16SC TO-I/AamendmentView
2024-10-30SC TO-I/AamendmentView