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AMTD Digital Receives Confirmation of Extension of Previously Announced Lock-Up Undertakings from Key Stakeholders
Businesswire· 2025-11-04 12:46
Group 1 - AMTD Digital Inc. has received confirmation from key stakeholders that they will not sell any shares in the open market before November 2027, extending the lock-up undertaking initially announced on August 16, 2022 [1] - AMTD Digital is a comprehensive digital solutions platform headquartered in France, operating in digital media, content and marketing services, investments, and hospitality and VIP services [2] - The Generation Essentials Group, a subsidiary of AMTD Digital, has completed a business combination with Black Spade Acquisition II Co, with TGE becoming the publicly traded entity following the merger [6][7] Group 2 - AMTD Digital reported a significant increase in revenue of 1,085.9% for the half-year period ending April 30, 2025, following the consolidation of The Generation Essentials Group [5]