HWH International shares surge 22.03% intraday after selling majority stake in subsidiary.

think> Okay, let's tackle this query step by step. The user wants me to act as a financial analyst explaining a stock's price movement based on recent news. The stock in question is HWH International, which had an intraday price increase of 22.03%. The task is to determine if the movement was caused by any of the provided news events and summarize it in a Bloomberg-style paragraph. First, I need to confirm the stock's movement: up by 22.03%, rounded to two decimals, so 22.03%, and it's during intraday trading. Next, I'll go through the list of recent news events to find relevant ones. The first news mentioned is about HWH closing a $1.76 million public offering at $0.40 per share. The summary says this is a fair market value price. The content mentions it's provided by Polygon.io. This seems relevant because public offerings can affect stock prices. However, usually, a public offering might be seen as dilutive, which could be negative, but the price is set at fair market value. But the stock went up, so maybe there's a different angle here. Looking at other news events, there's a lot of other announcements: selling a subsidiary, earnings reports, reverse stock split, partnerships with companies in robotics and education, launching a marketplace, etc. However, most of these are from different dates, some as old as 2024. The most recent relevant one might be the public offering on January 6, 2025. Wait, the trading period is intraday on October 1, 2025. The news events provided include up to October 2025, but the latest news listed is from September 16, 2025. The public offering news is from January 6, 2025. That's over eight months prior. But the user's input says the stock movement is "盘中 intraday" without a specific date. However, the input's note at the bottom says this page was last updated on 10/1/2025. Maybe the current date is October 2025, and the latest news is from September 16, 2025. Wait, the user provided a list of news with dates ranging from October 2024 up to September 2025. The most recent news before October 1, 2025, is from September 16, 2025, about selling a majority stake in a subsidiary. But the stock went up on that day. However, selling a subsidiary could be seen as a positive if it's a strategic move to focus on core businesses or generate cash. But the summary here is just the title and a brief mention. Looking back, the first news event listed is about the public offering in January 2025. If the current date is October 2025, that news is old. The most recent news before October 1 is the September 16, 2025, news about selling a subsidiary. However, selling a subsidiary might not directly cause a 22% intraday jump unless there's more context. Wait, the user also provided a "Reason 1" which is the public offering. But the date for that is January 6, 2025. If the stock's movement is on October 1, 2025, the public offering news is over eight months old. That might not be the cause. Unless there's a recent news event that's not listed here. But the user's input under "Recent News Events" lists several events, with the latest being from September 16, 2025. The only other possible relevant news is the public offering from January 6, 2025. However, that's not recent. Wait, the user might have a mistake in the input. The stock performance is listed as "盘中 intraday up 22.03153153%", but the date isn't specified. However, the last updated date is October 1, 2025. So perhaps the intraday movement is on that day. The recent news events up to September 16, 2025. If there's no news on October 1, 2025, then maybe the movement is due to an unlisted event. However, according to the provided news, the most recent is September 16. The user's first reason is the public offering in January, but that's too old. Wait, maybe the user intended the public offering to be the recent one, but the dates are conflicting. Alternatively, perhaps there's a recent news event that's not listed here. But according to the input, the only relevant.