FUTU HK Help Center-GRPN.RGT Subscription Rights
English
Back
Open Account

GRPN.RGT Subscription Rights

GROUPON, INC. (GRPN.US) announced a subscription rights offering. GRPN.RGT holders may exercise rights purchase 0.222257 shares of our common stock at a subscription price equal to US$11.30 per whole share. Rights were issued at a ratio of 1 right for every 1 share held. In addition, holders will need to exercise a minimum of five (5) rights to receive 1 whole common share. Participants will not be able to exercise less than 5 rights. Participants are advised to obtain the PROSPECTUS dated 21/11/2023 and related supplement for more details on the subscription price. Participants should consult their tax advisor for complete details in reference to withholding taxes.

Terms of the offer are as follows:

Subscription Ratio: 0.222257 share(s) for every 1 right subscribed
Subscription Price: USD 11.30
All fractions will be rounded down.
Oversubscription is not supported.

Option (1): Take no action [Default option]

Option (2): EXERCISE RIGHTS, minimum 5 Rights required to exercise: 
For every 1 Subscription Rights will entitle the holder to purchase 0.222257 new Common Share at a subscription price of US$11.30 per whole share.

The deadline to submit instructions for exercise will be 01/09/2024 16:00 (HONG KONG GMT+8).

Please fill in the following information and use the registered email address of Futu to send an email to cs@futuhk.com.

1. Account Number:
2. Name: (In Chinese or English)
3. Stock code: GRPN.RGT
4. Options: (1) or (2) 
5. Number of shares participating in corporate actions:

Note to applicants:
1. For shareholders holding less than 1 share of GRPN.RGT, they cannot participate in related corporate actions.
2. Option (1) is the default option. We will help clients to choose option (1) if have not received clients’ emails.
3. Once the relevant application is submitted, the stocks participating in the company's actions cannot be traded and the application cannot be withdrawn.
4. This corporate action does not accept additional applications, the maximum number of applications that a client can apply for does not exceed the number of eligible shares it holds.
5. The pending orders and unsettled shares will not be accepted for the time being.
6. Please confirm that the account funds are sufficient to pay the relevant fees of this corporate action. Otherwise, we will not bear any responsibility for the failure of your application.
7. If there is any update, all the information released by the listed company shall prevail.