
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 entered into and closed a securities purchase agreement (the "Purchase Agreement") with David Lazar providing for a $7.0 million strategic investment in the Company (the "Strategic Investment"), together with a planned reorganization and spin-off of the Company's existing business to its current shareholders. The transactions are the result of the Company's review of strategic options to maximize value for the Company and its stakeholders.








