Can the acquired company still buy options?

The company's acquisition option is useless. According to the relevant laws and regulations, if the securities are traded on the stock exchange and investors hold or continue to purchase through agreement, they should make an offer to all shareholders of the listed company to purchase all or part of the shares of the listed company according to law.

legal ground

Article 62 of the Securities Law of People's Republic of China (PRC)

Investors can acquire listed companies by legal means such as tender offer and agreement purchase.

Article 65

If an investor holds or shares 30% of the issued voting shares of a listed company with others through agreement or other arrangements through securities trading in a stock exchange and continues to make acquisitions, he shall issue an offer to all shareholders of the listed company in accordance with the law to acquire all or part of the shares of the listed company.

An offer to purchase part of the shares of a listed company shall stipulate that if the number of shares promised by the shareholders of the acquired company exceeds the number of shares scheduled to be purchased, the purchaser shall make the acquisition in proportion.

Article 67

The acquisition period stipulated in the tender offer shall not be less than 30 days and shall not exceed 60 days.