Every Spin-Off
Peplink Holdings
AnnouncedHKSells Peplink cellular and multi-link internet routers, software licences and support to businesses and fleets in the US, Canada, Mexico and parts of Latin America.
Plover Bay's North American connectivity business (Peplink routers, accessories, software licences, warranty and support in the US, Canada, Mexico, Colombia, Puerto Rico and the US Virgin Islands); the parent keeps the rest-of-world business, including Starlink equipment sales.
- Status
- Announced
- Expected
- By end of 2026 (company target)
- Parent
- Plover Bay Technologies (1523 HK)
- Spin-off ticker
- To be announced
- Listing
- Nasdaq (expected)
- Market
- Hong Kong
- Sector
- Information technology
Terms
Pro rata distribution in specie of all Peplink shares to Plover Bay shareholders and a separate Nasdaq listing, with cash instead for certain overseas holders; HKEX cleared it under Practice Note 15; ratio and record date not yet set; needs an EGM ordinary resolution (guided for Q2 2026, not yet seen), US regulatory clearance and final board decisions.
Key dates
- Spin-off announced, HKEX PN15 approval received
- EGM
- Record date and Nasdaq listing
Source documents
- Press releaseProposed spin-off and separate listing of Peplink (02/25/26)
- PresentationNot yet published
- Prospectus / demerger documentNot yet public
- Source5gstore.com
- Sourcefinance.biggo.com
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