FilingReader Intelligence

Coolpad Group sells CleanSpark shares for $1.98m

October 7, 2025 at 05:00 PM UTCBy FilingReader AI

Coolpad Group Limited announced the disposal of 114,500 CleanSpark, Inc. shares on the open market on October 6, 2025 (US Eastern Standard Time). The shares were sold at prices ranging from $16.93 to $17.65 per share, excluding transaction costs, yielding a total of approximately $1.98 million. The average disposal price per share was approximately $17.30.

This disposal, executed by Digital Tech Inc., a wholly-owned subsidiary, aligns with the disposal mandate approved by shareholders on September 26, 2025. The mandate allows for the disposal of up to 1,625,000 CleanSpark shares. As a result of this latest transaction, the group now holds 1,185,500 CleanSpark shares, having disposed of a total of 419,500 CleanSpark shares to date.

The board believes these disposals, made with reference to a minimum selling price of $14.50 per share, are on normal commercial terms and are in the best interests of the company and its shareholders. Proceeds from the disposals will be allocated to general working capital.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

HKEX:2369Hong Kong Exchange

News Alerts

Get instant email alerts when Coolpad Group publishes news

Free account required • Unsubscribe anytime

Filing Activity Timeline

View Complete Filing History →