Research analysts covering STEC.
Recent press releases and 8-K filings for STEC.
Santech Holdings Ltd. Announces Name Change to BitVentures Limited
STEC
New Projects/Investments
- Santech Holdings Ltd. officially changed its name to BitVentures Limited on December 23, 2025.
- The company's ticker symbol will change from STEC to BVC on Nasdaq, effective Wednesday, December 24, 2025.
- This corporate rebrand is part of a strategic transformation, aligning the company's vision and focus on developing and investing in early-stage technology ventures across various verticals, including e-commerce, digital assets, and consumer healthcare.
Dec 23, 2025, 11:01 AM
Santech Holdings Ltd. Approves Name Change, Share Consolidation, and Plans Nasdaq Substitution Listing
STEC
Delisting/Listing Issues
Proxy Vote Outcomes
- Santech Holdings Ltd. (STEC) shareholders approved a change of the company's English name to BitVentures Limited at an Extraordinary General Meeting held on December 19, 2025.
- A share consolidation was approved, where every twenty (20) ordinary shares of US$0.0001 par value will be consolidated into one (1) ordinary share of US$0.0020 par value.
- The company's American Depositary Shares (ADSs) are expected to cease trading on Nasdaq before market open on December 29, 2025, and the deposit agreement will terminate at 8:00 a.m. (Eastern Time) on the same day.
- Following the ADR termination, Santech plans a substitution listing of its ordinary shares on Nasdaq under the new symbol "BVC" on or around December 29, 2025. Each former ADS holder will receive twenty (20) ordinary shares for each ADS cancelled.
Dec 19, 2025, 11:03 AM
Santech Holdings Limited Announces ADR Facility Termination, Share Consolidation, and Name Change
STEC
Delisting/Listing Issues
Proxy Vote Outcomes
New Projects/Investments
- Santech Holdings Limited (STEC) plans to terminate its American Depositary Receipts (ADR) Facility, effective December 29, 2025, which will result in the cessation of ADS trading on Nasdaq before market open on that date.
- Immediately following the termination, the company intends to implement a 20-to-1 Share Consolidation, converting every twenty ordinary shares of US$0.0001 par value into one ordinary share of US$0.0020 par value.
- All outstanding ADSs will be automatically cancelled and exchanged for Consolidated Ordinary Shares at a 20-to-1 ratio, after which the company plans to list its Consolidated Ordinary Shares for trading on the Nasdaq Capital Market under a new symbol.
- The company also plans to change its name to BitVentures Limited to better align with its exit from legacy businesses and new business initiatives.
- An Extraordinary General Meeting (EGM) is scheduled for December 19, 2025, in Hong Kong, for shareholders to vote on these proposals, including the name change, share consolidation, and an increase in authorized share capital.
Dec 2, 2025, 11:03 AM
Santech Holdings Limited Announces Official Rollout of E-Commerce Segment
STEC
Product Launch
New Projects/Investments
Revenue Acceleration/Inflection
- Santech Holdings Limited officially rolled out its e-commerce segment on November 5, 2025, following a beta testing phase.
- The e-commerce business will initially operate under a resale model, offering high-demand products such as consumer electronics and targeting major North American marketplaces, including Amazon.
- The company plans to scale its e-commerce operations before the end of 2025 and intends to drive long-term growth in 2026 through initiatives like introducing additional product categories, expanding to new marketplaces, and forming partnerships.
- This expansion into e-commerce represents a major operating initiative since the company fully exited its legacy wealth management and asset management businesses in fiscal year 2025, pivoting towards developing high-growth businesses in technology-driven verticals.
Nov 5, 2025, 11:00 AM
Santech Holdings Regains Nasdaq Bid Price Compliance
STEC
Delisting/Listing Issues
- Santech Holdings Limited announced on September 29, 2025, that it has regained compliance with the Nasdaq bid price requirement.
- The company was previously notified by Nasdaq on July 31, 2025, that its American Depositary Shares (ADSs) failed to maintain a minimum bid price of $1.00 for 30 consecutive business days.
- Santech's ADSs maintained a closing bid price of $1.00 or greater for 12 consecutive business days, from September 10, 2025, to September 25, 2025.
- Nasdaq confirmed the company's compliance with Listing Rule 5550(a)(2) and closed the matter in a notification letter received by Santech on September 26, 2025.
Sep 29, 2025, 11:36 AM
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