Moatable, Inc. Announces Preliminary Results of Fixed Price Tender Offer
On October 1, 2025, Moatable, Inc., a prominent SaaS firm based in the United States, revealed preliminary outcomes regarding its fixed price tender offer. This announcement signifies an important step in the company’s ongoing efforts to engage its shareholders and optimize its capital structure.
The defined tender offer aimed at repurchasing an impressive total of 225 million Class A ordinary shares, priced at $3.00 for each share. Notably, this encompasses shares represented by American Depositary Shares (ADSs), with each ADS representing 45 Class A ordinary shares of Moatable. The repurchases will be executed using a prudent mix of existing cash resources alongside proceeds from a newly established $9.75 million senior secured credit facility.
The results, as preliminarily tabulated by Citibank, the designated tender agent, along with Maples Fund Services, indicated that approximately 85,065,660 Class A ordinary shares were properly tendered. This amount, representing about 13% of the total outstanding Class A ordinary shares, reflects a strong engagement from the company's stakeholders and a vote of confidence in Moatable's strategic endeavors.
The tender offer came to an end at midnight, New York City time, on September 30, 2025. The firm expects to acquire the tendered shares for a total cost around $5,671,044, exclusive of any associated fees and costs linked with the offer process. These actions not only exhibit Moatable's commitment to enhancing shareholder value but also illustrate its proactive approach to managing its equity base.
In the tender, shareholders were assured that final determinations regarding the number of shares purchased would be formally confirmed following a detailed processing period. This commitment ensures that all transactions occur smoothly and that any untendered shares will be promptly returned to their owners.
The positive reception to the tender offer indicates a robust interest from investors in Moatable's strategic direction. Stakeholders are further encouraged to reach out to the information agent, Georgeson LLC, for any queries regarding the tender offer process.
Moatable operates dual SaaS models in the United States, specifically through its brands, Lofty and Trucker Path. The company's stock, listed under the ticker MTBLY on the Pink Limited Market, showcases its ongoing commitment to enhancing shareholder engagement and transparency within its operations. Investors and analysts are keenly watching how these changes unfold as they could significantly affect the company’s market position and operational strategies in the near to long term.
In conclusion, Moatable's fixed price tender offer represents not just a financial maneuver but also a broader strategy to optimize its capital structure, affirming its engagement with shareholders and bolstering confidence in its future operations. As updates from the confirmation process emerge, stakeholders will be kept informed to ensure transparency and clarity throughout this detailed procedure. For further information on Moatable, its operations, and ongoing developments, stakeholders can visit
Moatable.com.