Further to its previously-stated intention to dispose of its interest in WiseWave, as disclosed in Alphawave’s Interim Results for the six months ended 30 June 2024, Alphawave Semi, Alphawave IP Group Plc (LON:AWE) has confirmed that on 7 June 2025, it completed the disposal of the entirety of its interest in WiseWave to its existing shareholders, Wise Road Huazhi (Zhuhai) Equity Investment Partnership (Limited Partnership), Wise Road Zhiguang (Zhuhai) Equity Investment Partnership (Limited Partnership), Zhuhai Wise Road Huajin Zhiying Investment Partnership (Limited Partnership), Wise Road Zhibo (Zhuhai) Equity Investment Partnership (Limited Partnership), and Zhuhai Wise Road Huajin Zhisheng Investment Partnership (Limited Partnership).
Alphawave Semi completes disposal of entire WiseWave stake
- Written by: Amilia Stone
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Alphawave Semi has officially completed the disposal of its entire interest in WiseWave, confirming a strategic move outlined in its Interim Results for mid-2024.
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