Brainhole (2203) Receives Waiver on Circular Dispatch Delay Regarding Major Transaction

Bulletin Express
2025/10/24

Brainhole Technology Limited (Stock Code: 2203) announced that additional time is needed to finalize information linked to the further disposal of Robinhood shares disclosed on 12 October 2025 and classified as a major transaction under Chapter 14 of the Listing Rules. The circular, originally scheduled for release on or before 3 November 2025, requires further preparation of the Group’s financial information, including statement of indebtedness and working capital sufficiency details.

On 23 October 2025, the Stock Exchange granted a waiver from strict compliance with Rule 14.41(a), on the condition that the circular be dispatched on or before 21 November 2025. The Stock Exchange has indicated that it may withdraw or amend this waiver if the company’s circumstances change.

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