AsiaStrategy completes tender offer for 7.07% stake in DV8 Public Company

Published 28/08/2025, 11:46
AsiaStrategy completes tender offer for 7.07% stake in DV8 Public Company

AsiaStrategy (NASDAQ:SORA) announced Thursday that its subsidiary, AsiaStrategy Topwin SG Pte. Ltd., has completed a tender offer for shares of DV8 Public Company Limited (SET:DV8), a company listed on the Stock Exchange of Thailand. According to a statement released in an SEC filing, the tender offer period ended on August 20, 2025, and the transaction was finalized on August 22, 2025.

As a result of the offer, AsiaStrategy Topwin SG Pte. Ltd. acquired 114,638,700 shares of DV8, representing approximately 7.07% of DV8’s total issued and paid-up share capital. The company had previously disclosed its intention to pursue the tender offer in a report dated July 7, 2025.

AsiaStrategy, formerly known as Top Win International Limited, is a Cayman Islands exempted company operating in the wholesale jewelry, watches, precious stones, and metals sector. The company stated that the tender offer was conducted in conjunction with certain other offerors.

The information is based on a press release statement filed with the Securities and Exchange Commission.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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