iWOW Technology Limited Receives SGX Listing & Quotation Notice for Proposed Acquisition of The Gentle Group
Key Points for Investors
- Proposed Acquisition: iWOW Technology Limited has announced the proposed acquisition of 100% of the issued and paid-up shares, as well as option shares, in The Gentle Group Pte. Ltd.
- Listing & Quotation Notice (LQN) Received: On 5 June 2026, iWOW received the LQN from the Singapore Exchange Securities Trading Limited (SGX-ST), paving the way for the issuance and listing of 8,924,865 new ordinary shares at S\$0.319 per share in relation to the acquisition.
- Compliance Requirement: The LQN is conditional on the Company complying with all relevant SGX-ST listing requirements.
- Not an Endorsement: The LQN should not be construed as an endorsement of the merits of the Proposed Acquisition, the Company, or its securities by the SGX-ST.
Details of the Listing & Share Issue
The new shares to be issued (8,924,865 ordinary shares priced at S\$0.319 each) represent a significant equity transaction for iWOW Technology Limited. This move is expected to provide the necessary capital structure for the acquisition and may have a material impact on the Company’s financial position and shareholding structure.
Potential Price-Sensitive Information
- Completion Uncertainty: Despite the receipt of the LQN, there is no certainty or assurance that the Proposed Acquisition will be completed. Completion remains subject to further conditions and compliance obligations.
- Possible Regulatory Actions: If iWOW acquires additional assets or businesses from Dr. Shen Yiru or her related parties/associates, SGX-ST reserves the right to aggregate these transactions and reclassify the asset injection as a very substantial acquisition or even a reverse takeover under Rule 1015 of the Catalist Rules. Such reclassification can have significant implications for shareholders, including possible trading suspensions or requirements for shareholder approval.
Important Advice to Shareholders
- Shareholders and potential investors are strongly advised to exercise caution when trading iWOW shares during this period of uncertainty.
- They should stay updated on further announcements from the Company regarding the Proposed Acquisition and consult their professional advisers (stock brokers, bank managers, solicitors, etc.) if in doubt about any actions to take.
Regulatory and Sponsor Notes
This announcement has been reviewed by the Company’s Sponsor, Evolve Capital Advisory Private Limited, but has not been examined or approved by the Exchange. The Exchange assumes no responsibility for the content of this document, including the accuracy of statements or opinions made.
Conclusion
The receipt of the LQN for the Proposed Acquisition of The Gentle Group Pte. Ltd. is a significant development for iWOW Technology Limited. While this could potentially be positive for the Company’s growth and value creation, the uncertainty surrounding transaction completion and potential regulatory actions means that investors should continue to monitor the situation closely. Any material developments will be announced by the Company in due course.
Disclaimer: This article is for informational purposes only and does not constitute investment advice. Investors should conduct their own due diligence and consult professional advisers before making any investment decisions. The Company’s actions and the final outcome of the Proposed Acquisition remain subject to various conditions and regulatory requirements.
中文版本
iWOW Technology Limited 获得新交所对收购 The Gentle Group 的上市与报价通知
投资者重点关注
- 拟议收购：iWOW Technology Limited 宣布拟以发行新股和期权股的方式，收购 The Gentle Group Pte. Ltd. 100% 的股份。
- 收到上市与报价通知（LQN）：2026年6月5日，iWOW 收到新加坡交易所（SGX-ST）的 LQN，将发行8,924,865股新普通股，每股定价为0.319新元，用于本次收购。
- 需合规：此次 LQN 的生效前提是公司需完全遵守新交所的上市要求。
- 非认可声明：LQN 不代表新交所认可本次收购、公司或其证券的优劣。
发行与上市细节
此次拟发行的8,924,865股新股（每股0.319新元）构成了iWOW Technology Limited一次重要的股权交易。这将改变公司的资本结构，对财务状况和股东结构可能带来实质性影响。
可能影响股价的重要信息
- 收购不确定性：尽管已收到LQN，但截至公告之日，收购能否顺利完成仍无把握，仍需满足更多条件及合规要求。
- 可能的监管动作：若公司未来从 Dr. Shen Yiru 或其关联方收购其他资产/业务，新交所可将相关交易合并，认定为非常重大收购或反向收购（Catalist规则1015条），这可能导致股票交易暂停或需股东批准，对股价影响重大。
对股东的重要建议
- 在收购结果不明确期间，强烈建议股东及潜在投资者审慎买卖iWOW股票。
- 请密切关注公司后续公告，并在有疑问时及时咨询专业顾问（如股票经纪、银行经理、律师等）。
监管与保荐说明
本公告已由公司保荐人 Evolve Capital Advisory Private Limited 审阅，但未获交易所审查或批准。交易所不对本文件内容的正确性或意见负责。
结论
iWOW Technology Limited 就收购 The Gentle Group Pte. Ltd. 获得 LQN，是公司发展中的重要进展。虽然这有望带来增长和价值提升，但鉴于交易完成的不确定性和可能的监管行动，投资者需保持高度关注，并等待公司后续重大进展公告。
免责声明：本文仅供参考，不构成任何投资建议。投资者在决策前应进行尽职调查，并咨询专业顾问。公司行为及收购结果仍受多项条件和监管要求约束。
