Solai shares jump 15.59% after-hours after receiving $3.069 per ADS going-private proposal.

Solai surged 15.59% in after-hours trading following the announcement of a preliminary non-binding going-private proposal from Chaince Digital Holdings. The offer values each American Depositary Share (ADS) at $3.069, representing 110% of the company’s net asset value (NAV) as of September 30, 2025, with a price cap of $3.20 per ADS. While the board has not yet approved the transaction and no definitive agreement is guaranteed, the premium valuation likely spurred investor optimism. The proposal, which includes a price adjustment mechanism tied to the most recent quarter-end NAV, signals potential shareholder value realization, aligning with the sharp post-market rally.