Zhihu Inc. Announces Results of Tender Offers to Buy Back Its Class A Ordinary Shares and American Depositary Shares

Core Points - Zhihu Inc. announced the results of its cash tender offers to buy back up to 46,921,448 Class A ordinary shares, with 33,016,016 shares validly tendered and accepted for buyback [1][2] - The total consideration for the buyback is HK$300,775,906, with completion expected on or before November 8, 2024 [1] - Following the buyback, there will be 261,860,348 shares issued and outstanding, comprising 246,413,570 Class A ordinary shares and 15,446,778 Class B ordinary shares [2] Company Overview - Zhihu Inc. is a leading online content community in China, evolving from a Q&A platform to a comprehensive online content community since its launch in 2010 [5]