The family sought to take the company private via a voluntary unconditional cash offer of 16 cents per share in May 2025. The offer price represents a premium of around 41.59% over Ossia’s last traded price of 11.3 cents on May 9. The company called for a trading halt on May 13.
W Capital, the independent financial adviser to the privatisation offer of Ossia International, said on June 18 that the offer by the controlling Goh brothers is "not fair" but "reasonable".
Shares in Ossia International closed flat at 16.7 cents on July 8.
