FilingReader Intelligence

Founder Technology shareholder to sell 94m shares

July 17, 2025 at 04:37 PM UTCBy FilingReader AI

New Founder Holdings will reduce its 2.27% stake in Founder Technology Group by up to 94.5 million shares from August to November 2025.

The shareholder cited capital needs as the reason for the significant reduction, which will be executed through centralized bidding and block trades at market rates.

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

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