B-Soft shareholder cuts stake as company launches employee stock plan
B-Soft announced that its 5% shareholder, Ge Hang, plans to reduce his stake by up to 37,038,029 shares (2.3982% of total shares excluding repurchased stock) within three months, commencing 15 trading days from the announcement date. This reduction will occur via centralized bidding (up to 6,149,500 shares) and block trades (up to 30,888,529 shares) for personal reasons, utilizing shares acquired pre-IPO and through asset acquisitions.
Concurrently, B-Soft's board of directors approved a 2025 Employee Stock Ownership Plan and its management framework, which awaits shareholder approval. The board also requested authorization from shareholders to handle all related matters for the plan's implementation.
These decisions were made during the Eighth Board of Directors' Eighteenth Meeting on September 23, 2025.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
Primary Source Document
News Alerts
Get instant email alerts when B-Soft publishes news
Free account required • Unsubscribe anytime