Razer will withdraw from the stock market in a few days

Razer shares, which have been traded on the Hong Kong stock exchange for a long time, will be withdrawn from the stock market in a few days, as per the company’s decision last year, and the Razer brand will become a privately held company. . The reason is economic.

Razer is closing on the stock market

Razer, which closed last year with a revenue of 1.62 billion dollars with a 33 percent increase, had decided to withdraw from the stock market with a surprise decision. Although the reason for increasing investments was put forward, it was understood that the company had overseas expectations.

Hong Kong The target of Razer, which will withdraw from the stock market for $ 3.17 billion by paying $ 0.36 per share, is the US stock markets. Thinking that it will reach more value, Razer does not want to be stuck with any embargo application.

is listed on the Hong Kong stock exchange and at the same time, Razer plans to move its source from China to the USA, in case that opening to the US stock markets may cause an obstacle. In this way, you will be able to take more comfortable steps. It was announced that the closure decision, which was approved by 75% of the shareholders, will be put into effect as of May 13.