High Templar Tech Limited
- Market Cap (Float-Adj) (Float-adjusted market cap computed by the low-float screener — matches the screener row. May differ from the standard cap (price × all shares outstanding) reported elsewhere.)
- $350.9M
- Price
- $2.26
- % Change (Daily % change from the live per-ticker quote feed.)
- 0.00%
- Volume
- 35.3K
About
Qudian Inc. functions as a technology enterprise primarily serving individual consumers across the People's Republic of China. The company's principal activities encompass the provision of micro-credit and short-term cash advances, alongside financial leasing and credit guarantee solutions. Additionally, Qudian offers technology development and support services. In a more recent diversification, the firm also supplies ready-to-cook meal kits, catering specifically to the needs of the working-class demographic. Founded in 2014, its corporate headquarters are situated in Xiamen, China.
Quick stats
Shares outstanding155.3M
Computed float88.7M
Float / shares57.1%
Key info
SectorFinancial Services
IndustryFinancial - Credit Services
CIK (Central Index Key — the unique ID the SEC assigns to every filer. Use it to look up the company's filings on EDGAR.)0001692705
Websitehttps://www.qudian.com
AI Summary
AI-generated1/4
majorbullishbuyback
High Templar Tech Announces Final Results of Modified Dutch Auction Tender Offer
High Templar Tech completed a modified Dutch Auction tender offer, accepting 39,999,926 ADSs at $3.20 per share for a total cost of approximately $128 million.
The offer was oversubscribed with nearly 46 million ADSs tendered, resulting in an 88.8% proration factor for accepted shares.
The repurchased shares represent approximately 42.8% of the company's total outstanding ADSs, marking a significant reduction in the float.