Friday, April 29th 2022
Razer Set To Go Private With Delisting from Hong Kong Stock Exchange in May 2022
Razer (RAZFF) is set to become privately held after shareholders voted to delist from the Hong Kong stock exchange in a privatization deal that values the company at $3.17 billion USD. The privatization scheme is led by a consortium of Razer's co-founders Tan and Kaling Lim who currently own 57% of the company along with private equity firm CVC Capital Partners. The plan was approved by over 75% of shareholders at a recent general meeting and will see the withdrawal of company shares from the Hong Kong stock exchange at 9:00 a.m. on Friday, 13 May 2022. This private ownership of the company isn't expected to last long with the owners planning to relist the company's shares in the US in the hopes of gathering a higher valuation. Razer continues to record growth with revenues of $1.62 billion USD in the 2021 FY, up 33% from the previous year.
Source:
Razer (via Wccftech)
58 Comments on Razer Set To Go Private With Delisting from Hong Kong Stock Exchange in May 2022
That said, I think going private will be an excellent move for Razer.
Razer is a huge meme machine and they keep being it. But anyways, this thread is about stock market, not their products.
"The Pro model is priced at around $179.00 Retail".
www.bhphotovideo.com/c/product/1373585-REG/m_audio_uber_mic_professional_usb.html
The price went higher on other markets with the Razer, and the Uber Mic actually offers a less bloaty, better package.
You're being a knock wall by not accepting hard facts. Another waste of time.
Put another way, your point isn't one. Show information that has merit and supports your opinion with actual evidence or the mods will be asked to help you out with your toxic nonsense.
I've been using a G502 from Logitech for about 5 years now, zero problems.
I've been using a $20, 5-button mouse from Microsoft for15+ years now and it still works like the day I bought it. The mouse has been with me through 3 different jobs and it get's used a lot since most of my work is on a computer.
First impressions are big for a lot of people. My first impression of Razer is that their products suck, lots of headaches and overpriced considering how long they lasted and how crappy my experience was with them.
To those that like Razer, that's fine, you can like them, but you can't convince me or others that dislike them just because you say so or you had a good experience with them.
Ended up pulling it out and taking a hammer to it one day due to consistent and unrelenting interruptions to pivotal moments in games, and I’d had more than enough.
Their relapse software has been pure garbage too, causing service and interrupt issues to other brands of mice. Removed it from the problematic computers and the problem instantly resolves.
Zero interest in their products but that’s me…