Highway Holdings Limited Announces Closing of $7.0 Million Strategic Investment by David Lazar and Planned Spin-Off of Its Legacy Business to Existing Shareholders

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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 — Highway Holdings Limited (Nasdaq: HIHO) ("Highway Holdings" or the "Company") today announced that it has...