Highway Holdings Limited Announces Closing of $7.0 Million Strategic Investment by David Lazar and Planned Spin-Off of Its Legacy Business to Existing Shareholders

Markets PR Newswire By PR Newswire 05 Nov 2026 12:00 1 min read
Highway Holdings Limited Announces Closing of $7.0 Million Strategic Investment by David Lazar and Planned Spin-Off of Its Legacy Business to Existing Shareholders

Existing shareholders to receive the Company's legacy manufacturing business through a pro rata spin-off and a $2.0 million cash dividend HONG KONG, Nov. 5, 2026 /PRNewswire/ -- Highway Holdings Limited (Nasdaq: HIHO) ("Highway Holdings" or the "Company") today announced that it has...

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