
ClarificationApr 14, 2026, 08:51 AM
Megan Holdings Clarifies Share Volatility, Confirms Lock-up
AI Summary
Megan Holdings Ltd. addressed recent share price volatility, confirming that key insiders remain subject to 180-day lock-up agreements following its February 27, 2026, follow-on offering. The company clarified that recent updates to its public float on trading platforms reflect previously disclosed information and do not indicate new share issuances or an unlocking of shares. Megan Holdings emphasized that there has been no material increase in freely tradable shares or any fundamental change in its business, operations, or financial condition.
Key Highlights
- Insiders remain under 180-day lock-up agreements.
- Lock-up period began after Feb 27, 2026, follow-on offering.
- No new share issuance or unlocking of shares.
- No material increase in freely tradable shares.
- No fundamental change in business or financials.
Price Impact
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