{"success":true,"data":{"pressRelease":{"id":"72938","rtpr_id":"nPn6Rg4m1a","ticker":"HTT","exchange":"NYSE","all_tickers":["HTT"],"title":"High Templar Tech Announces Preliminary Results of Modified Dutch Auction Tender Offer","author":"PR Newswire","published_at":"2026-06-25T10:55:00.042Z","article_body":"High Templar Tech Announces Preliminary Results of Modified Dutch Auction Tender Offer\n\nPR Newswire\n\nXIAMEN, China, June 25, 2026\n\nXIAMEN, China, June 25, 2026 /PRNewswire/ -- High Templar Tech Limited (the\n\"Company,\" \"High Templar\" or \"we\") (NYSE: HTT), announced today the\npreliminary results of its \"modified Dutch Auction\" tender offer to purchase\nup to 39 million American Depositary Shares (the \"ADSs\") of the Company, each\nrepresenting one Class A ordinary share, par value US$0.0001 per share, which\nexpired at 5:00 P.M., New York City time, on June 24, 2026.\n\nBased on the preliminary count by Equiniti Trust Company, LLC, the depositary\nfor the tender offer (the \"Depositary\"), a total of 46,046,558 ADSs of the\nCompany were properly tendered and not properly withdrawn at or below the\npurchase price of US$3.20 per ADS, including 446,909 ADSs that were tendered\nby notice of guaranteed delivery.\n\nIn accordance with the terms and conditions of the tender offer and based on\nthe preliminary count by the Depositary, the Company expects to purchase\napproximately 40,869,952 ADSs that were tendered in the tender offer at a\npurchase price of US$3.20 per ADS, for an aggregate cost of approximately\nUS$130.8 million, excluding fees and expenses relating to the tender offer.\nIncluded in the 40,869,952 ADSs that the Company expects to purchase are\n1,869,952 ADSs that the Company has elected to purchase pursuant to its right\nto purchase up to an additional 2% of its outstanding ADSs. Due to the\noversubscription of the tender offer, the Company expects to accept the ADSs\non a pro rata basis, except for tenders of \"odd lots,\" which will be accepted\nin full, and conditional tenders that will automatically be regarded as\nwithdrawn because the condition of the tender has not been met, and has been\ninformed by the Depositary that the preliminary proration factor for the Offer\nis approximately 88.8%, assuming all ADSs tendered by notice of guaranteed\ndelivery will be delivered. The total of 40,869,952 ADSs that the Company\nexpects to purchase represents approximately 43.7% of the total number of ADSs\noutstanding as of June 24, 2026.\n\nThe number of ADSs expected to be purchased by the Company and the proration\nfactor are preliminary and subject to change. The preliminary information\ncontained in this press release is subject to confirmation by the Depositary\nand is based on the assumption that all ADSs tendered through notice of\nguaranteed delivery will be delivered within the one-trading day settlement\nperiod. The final number of ADSs to be purchased by the Company will be\nannounced following the expiration of the guaranteed delivery period and\ncompletion by the Depositary of the confirmation process. Payment for the ADSs\naccepted for purchase under the tender offer will occur promptly thereafter.\n\nDeutsche Bank Securities Inc. acts as dealer manager for the tender offer and\nD.F. King & Co., Inc. acts as information agent for the tender offer.\nShareholders who have questions or would like additional information about the\ntender offer may contact D.F. King & Co., Inc. at (888) 644-5854, toll at\n(646) 989-1649 or email at htt@dfking.com (mailto:htt@dfking.com) ; banks and\nbrokers may call Deutsche Bank Securities Inc. at (212) 250-5600.\n\nAbout High Templar Tech Limited\n\nHigh Templar is exploring innovative business opportunities globally to\nsatisfy clients' demand by leveraging its technology know-how and financial\nservice capabilities.\n\nFor more information, please visit https://ir.hightemplar.com/.\n(https://ir.hightemplar.com/)\n\nForward-Looking Statements\n\nThis announcement contains forward-looking statements, including regarding the\nconsummation of the tender offer and payment for shares purchased in the\ntender offer. These forward-looking statements can be identified by\nterminology such as \"will,\" \"expects,\" \"anticipates,\" \"future,\" \"intends,\"\n\"plans,\" \"believes,\" \"estimates\" and similar statements. Among other things,\nthe expectation of its collection efficiency and delinquency, contain\nforward-looking statements. High Templar may also make written or oral\nforward-looking statements in its periodic reports to the SEC, in its annual\nreport to securityholders, in press releases and other written materials and\nin oral statements made by its officers, directors or employees to third\nparties. Statements that are not historical facts, including statements about\nHigh Templar's beliefs and expectations, are forward-looking statements.\nForward-looking statements involve inherent risks and uncertainties. A number\nof factors could cause actual results to differ materially from those\ncontained in any forward-looking statement, including but not limited to the\nfollowing: High Templar's goal and strategies; High Templar's expansion plans;\nHigh Templar's future business development, financial condition and results of\noperations; High Templar's expectations regarding demand for, and market\nacceptance of, its products; High Templar's expectations regarding keeping and\nstrengthening its relationships with customers, business partners and other\nparties it collaborates with; general economic and business conditions; and\nassumptions underlying or related to any of the foregoing. Further information\nregarding these and other risks is included in High Templar's filings with the\nSEC. All information provided in this press release and in the attachments is\nas of the date of this press release, and High Templar does not undertake any\nobligation to update any forward-looking statement, except as required under\napplicable law.\n\nFor investor and media inquiries, please contact:\n\nIn China:\nHigh Templar Tech Limited\nTel: +86-592-317-2318\nE-mail: (mailto:ir@hightemplar.com) ir@hightemplar.com\n(mailto:ir@hightemplar.com)\n\nView original\ncontent:https://www.prnewswire.com/news-releases/high-templar-tech-announces-preliminary-results-of-modified-dutch-auction-tender-offer-302810639.html\n(https://www.prnewswire.com/news-releases/high-templar-tech-announces-preliminary-results-of-modified-dutch-auction-tender-offer-302810639.html)\n\nSOURCE High Templar Tech Limited\n\n\n\nCopyright (c) 2026 PR Newswire Association,LLC. All Rights Reserved.","article_body_html":"","raw_payload":{"data":{"id":"nPn6Rg4m1a","title":"High Templar Tech Announces Preliminary Results of Modified Dutch Auction Tender Offer","author":"PR Newswire","ticker":"HTT","created":"2026-06-25T10:55:00.042Z","tickers":["HTT"],"exchange":"NYSE","article_body":"High Templar Tech Announces Preliminary Results of Modified Dutch Auction Tender Offer\n\nPR Newswire\n\nXIAMEN, China, June 25, 2026\n\nXIAMEN, China, June 25, 2026 /PRNewswire/ -- High Templar Tech Limited (the\n\"Company,\" \"High Templar\" or \"we\") (NYSE: HTT), announced today the\npreliminary results of its \"modified Dutch Auction\" tender offer to purchase\nup to 39 million American Depositary Shares (the \"ADSs\") of the Company, each\nrepresenting one Class A ordinary share, par value US$0.0001 per share, which\nexpired at 5:00 P.M., New York City time, on June 24, 2026.\n\nBased on the preliminary count by Equiniti Trust Company, LLC, the depositary\nfor the tender offer (the \"Depositary\"), a total of 46,046,558 ADSs of the\nCompany were properly tendered and not properly withdrawn at or below the\npurchase price of US$3.20 per ADS, including 446,909 ADSs that were tendered\nby notice of guaranteed delivery.\n\nIn accordance with the terms and conditions of the tender offer and based on\nthe preliminary count by the Depositary, the Company expects to purchase\napproximately 40,869,952 ADSs that were tendered in the tender offer at a\npurchase price of US$3.20 per ADS, for an aggregate cost of approximately\nUS$130.8 million, excluding fees and expenses relating to the tender offer.\nIncluded in the 40,869,952 ADSs that the Company expects to purchase are\n1,869,952 ADSs that the Company has elected to purchase pursuant to its right\nto purchase up to an additional 2% of its outstanding ADSs. Due to the\noversubscription of the tender offer, the Company expects to accept the ADSs\non a pro rata basis, except for tenders of \"odd lots,\" which will be accepted\nin full, and conditional tenders that will automatically be regarded as\nwithdrawn because the condition of the tender has not been met, and has been\ninformed by the Depositary that the preliminary proration factor for the Offer\nis approximately 88.8%, assuming all ADSs tendered by notice of guaranteed\ndelivery will be delivered. The total of 40,869,952 ADSs that the Company\nexpects to purchase represents approximately 43.7% of the total number of ADSs\noutstanding as of June 24, 2026.\n\nThe number of ADSs expected to be purchased by the Company and the proration\nfactor are preliminary and subject to change. The preliminary information\ncontained in this press release is subject to confirmation by the Depositary\nand is based on the assumption that all ADSs tendered through notice of\nguaranteed delivery will be delivered within the one-trading day settlement\nperiod. The final number of ADSs to be purchased by the Company will be\nannounced following the expiration of the guaranteed delivery period and\ncompletion by the Depositary of the confirmation process. Payment for the ADSs\naccepted for purchase under the tender offer will occur promptly thereafter.\n\nDeutsche Bank Securities Inc. acts as dealer manager for the tender offer and\nD.F. King & Co., Inc. acts as information agent for the tender offer.\nShareholders who have questions or would like additional information about the\ntender offer may contact D.F. King & Co., Inc. at (888) 644-5854, toll at\n(646) 989-1649 or email at htt@dfking.com (mailto:htt@dfking.com) ; banks and\nbrokers may call Deutsche Bank Securities Inc. at (212) 250-5600.\n\nAbout High Templar Tech Limited\n\nHigh Templar is exploring innovative business opportunities globally to\nsatisfy clients' demand by leveraging its technology know-how and financial\nservice capabilities.\n\nFor more information, please visit https://ir.hightemplar.com/.\n(https://ir.hightemplar.com/)\n\nForward-Looking Statements\n\nThis announcement contains forward-looking statements, including regarding the\nconsummation of the tender offer and payment for shares purchased in the\ntender offer. These forward-looking statements can be identified by\nterminology such as \"will,\" \"expects,\" \"anticipates,\" \"future,\" \"intends,\"\n\"plans,\" \"believes,\" \"estimates\" and similar statements. Among other things,\nthe expectation of its collection efficiency and delinquency, contain\nforward-looking statements. High Templar may also make written or oral\nforward-looking statements in its periodic reports to the SEC, in its annual\nreport to securityholders, in press releases and other written materials and\nin oral statements made by its officers, directors or employees to third\nparties. Statements that are not historical facts, including statements about\nHigh Templar's beliefs and expectations, are forward-looking statements.\nForward-looking statements involve inherent risks and uncertainties. A number\nof factors could cause actual results to differ materially from those\ncontained in any forward-looking statement, including but not limited to the\nfollowing: High Templar's goal and strategies; High Templar's expansion plans;\nHigh Templar's future business development, financial condition and results of\noperations; High Templar's expectations regarding demand for, and market\nacceptance of, its products; High Templar's expectations regarding keeping and\nstrengthening its relationships with customers, business partners and other\nparties it collaborates with; general economic and business conditions; and\nassumptions underlying or related to any of the foregoing. Further information\nregarding these and other risks is included in High Templar's filings with the\nSEC. All information provided in this press release and in the attachments is\nas of the date of this press release, and High Templar does not undertake any\nobligation to update any forward-looking statement, except as required under\napplicable law.\n\nFor investor and media inquiries, please contact:\n\nIn China:\nHigh Templar Tech Limited\nTel: +86-592-317-2318\nE-mail: (mailto:ir@hightemplar.com) ir@hightemplar.com\n(mailto:ir@hightemplar.com)\n\nView original\ncontent:https://www.prnewswire.com/news-releases/high-templar-tech-announces-preliminary-results-of-modified-dutch-auction-tender-offer-302810639.html\n(https://www.prnewswire.com/news-releases/high-templar-tech-announces-preliminary-results-of-modified-dutch-auction-tender-offer-302810639.html)\n\nSOURCE High Templar Tech Limited\n\n\n\nCopyright (c) 2026 PR Newswire Association,LLC. All Rights Reserved."},"type":"article","timestamp":"2026-06-25T10:55:00.085742078Z","server_sent_at_ms":1782384900085},"received_at":"2026-06-25T10:55:00.135Z","source_url":"https://www.prnewswire.com/news-releases/high-templar-tech-announces-preliminary-results-of-modified-dutch-auction-tender-offer-302810639.html"},"analysis":{"id":"62305","press_release_id":"72938","analysis_json":{"industry":null,"redFlags":[],"eventType":"buyback","narrative":"High Templar Tech announced preliminary results for its modified Dutch auction tender offer, stating it expects to purchase approximately 40.87 million ADSs at a purchase price of $3.20 per share.\n\nThe aggregate cost of the repurchase is approximately $130.8 million, representing about 43.7% of the company's total outstanding shares as of June 24, 2026.\n\nThe offer was oversubscribed with a preliminary proration factor of 88.8%, and the company exercised its right to purchase an additional 2% of outstanding ADSs.","sentiment":"bullish","agentHooks":{"shouldPost":true,"suggestedAngle":"Massive 43.7% share reduction via $130.8M tender offer signals strong conviction at $3.20."},"keyFigures":{"buybackPrice":3.2,"buybackShares":40869952,"buybackTotalCost":"US$130.8 million","customDimensions":{"shares_tendered":46046558,"proration_factor":"88.8%","percent_outstanding":"43.7%","additional_shares_purchased":1869952}},"quotedText":"","namedEntities":{"people":[],"products":[],"companies":[{"name":"High Templar Tech Limited","ticker":"HTT"},{"name":"Equiniti Trust Company, LLC","relationship":"depositary"},{"name":"Deutsche Bank Securities Inc.","relationship":"dealer manager"},{"name":"D.F. King & Co., Inc.","relationship":"information agent"}],"dollarAmounts":[{"amount":"US$3.20","context":"purchase price per ADS"},{"amount":"US$130.8 million","context":"aggregate cost of tender offer"},{"amount":"US$0.0001","context":"par value per share"}]},"materialImpact":{"score":4,"reasoning":"The company is repurchasing approximately 43.7% of its outstanding shares via a modified Dutch auction tender offer at $3.20 per share, representing a significant reduction in float."},"tickerRelevance":{"others":[],"primary":"HTT"},"globalImportance":25,"audienceRelevance":20,"eventTypeSecondary":[],"importanceComponents":{"tickerTier":"small-cap","eventGravity":"major_buyback","sectorWeight":"neutral"}},"event_type":"buyback","event_type_secondary":null,"sentiment":"bullish","material_impact_score":4,"narrative":"High Templar Tech announced preliminary results for its modified Dutch auction tender offer, stating it expects to purchase approximately 40.87 million ADSs at a purchase price of $3.20 per share.\n\nThe aggregate cost of the repurchase is approximately $130.8 million, representing about 43.7% of the company's total outstanding shares as of June 24, 2026.\n\nThe offer was oversubscribed with a preliminary proration factor of 88.8%, and the company exercised its right to purchase an additional 2% of outstanding ADSs.","key_figures":{"buybackPrice":3.2,"buybackShares":40869952,"buybackTotalCost":"US$130.8 million","customDimensions":{"shares_tendered":46046558,"proration_factor":"88.8%","percent_outstanding":"43.7%","additional_shares_purchased":1869952}},"named_entities":{"people":[],"products":[],"companies":[{"name":"High Templar Tech Limited","ticker":"HTT"},{"name":"Equiniti Trust Company, LLC","relationship":"depositary"},{"name":"Deutsche Bank Securities Inc.","relationship":"dealer manager"},{"name":"D.F. King & Co., Inc.","relationship":"information agent"}],"dollarAmounts":[{"amount":"US$3.20","context":"purchase price per ADS"},{"amount":"US$130.8 million","context":"aggregate cost of tender offer"},{"amount":"US$0.0001","context":"par value per share"}]},"model_name":"qwen3_6_27b_awq","prompt_hash":"sha256:727b4b9429a443af","schema_hash":"sha256:05005c02d9cffac9","created_at":"2026-06-25T10:57:17.701Z","global_importance":25,"audience_relevance":20,"importance_components":{"tickerTier":"small-cap","eventGravity":"major_buyback","sectorWeight":"neutral"}},"durationMs":137495,"modelName":"george-droid-qwen-72b"}}