Insiders at AMTD IDEA Group (NYSE: AMTD) agree to 2-year lock-up as board explores share dividend

Rhea-AI Filing Summary

AMTD IDEA Group has outlined an exploratory plan to declare stock dividends by distributing shares of its listed subsidiaries to its shareholders and ADS holders. The board must still determine whether any distribution will occur, along with the record date, timing, form and amount, so there is no assurance a dividend will be made.

The company highlights its role as parent of AMTD Digital Inc. and The Generation Essentials Group and notes that a SPAC it sponsors, TGE Value Creative Solutions Corp, completed an IPO of 15,000,000 units at $10.00 per unit, raising $150,000,000. Separately, AMTD Group, along with all AMTD IDEA Group directors and executive officers, has entered a voluntary lock-up, undertaking not to sell any AMTD IDEA Group equity securities they own in the open market for 2 years from the date of the announcement.

Insights

Equity capital markets analyst

AMTD IDEA floats a potential subsidiary-share dividend while key insiders commit to a 2‑year lock-up.

AMTD IDEA Group is considering distributing shares of its listed subsidiaries as stock dividends to its shareholders and ADS holders. The proposal is still under board review, with no confirmed record date, structure, or size, and the company explicitly notes that a distribution may not occur.

The narrative underscores AMTD IDEA’s ecosystem of listed entities, including AMTD Digital and The Generation Essentials Group, and its SPAC sponsorship, exemplified by TGE Value Creative Solutions Corp’s IPO of 15,000,000 units at $10.00 per unit for $150,000,000 in gross proceeds on December 23, 2025. These details position the group as an active capital-markets participant.

A concrete step is the voluntary lock-up: AMTD Group and all AMTD IDEA directors and executive officers have agreed not to sell any AMTD IDEA equity securities they own in the open market for 2 years from this announcement. This restricts insider selling over that period and may be viewed as an alignment signal, though the economic impact will depend on future company performance and market conditions disclosed in subsequent filings.

Key Figures

TGE SPAC IPO units: 15,000,000 units TGE SPAC unit price: $10.00 per unit TGE SPAC gross proceeds: $150,000,000 +5 more

8 metrics

TGE SPAC IPO units 15,000,000 units TGE Value Creative Solutions Corp IPO on NYSE

TGE SPAC unit price $10.00 per unit TGE Value Creative Solutions Corp IPO pricing

TGE SPAC gross proceeds $150,000,000 IPO proceeds from 15,000,000 units at $10.00

Lock-up duration 2 years Period insiders agreed not to sell AMTD IDEA equity in open market

AMTD IDEA NYSE IPO year 2019 Initial public offering of AMTD IDEA Group on NYSE

AMTD Digital NYSE IPO year 2022 Initial public offering of AMTD Digital Inc. on NYSE

TGE SPAC IPO date December 23, 2025 NYSE IPO date of TGE Value Creative Solutions Corp

TGE SPAC sponsor IPO date December 18, 2025 First SPAC sponsored by TGE successfully raised and priced

Key Terms

stock dividends, American depositary shares, special purpose acquisition company (SPAC), voluntary lock-up, +2 more

6 terms

stock dividends financial

"it plans to declare and distribute stock dividends by way of shares of its listed subsidiaries"

American depositary shares financial

"to shareholders and holders of American depositary shares of AMTD IDEA Group"

American depositary shares (ADSs) are a way for investors in the United States to buy shares of foreign companies without dealing with international markets directly. They represent ownership in a foreign company's stock and are traded on U.S. stock exchanges, making it easier for American investors to buy, sell, and own parts of companies from around the world.

special purpose acquisition company (SPAC) financial

"Black Spade Acquisition II Co (Nasdaq: BSII), a special purpose acquisition company (“SPAC”)"

A special purpose acquisition company (SPAC) is a company formed solely to raise money from public investors with the goal of merging with or buying a private business so that the private firm becomes publicly traded. Think of it like a pooled investment that gives investors a ticket to an untargeted future deal — it can offer faster access to high-growth companies but also means investors are relying on the SPAC’s managers to find a good deal and face risks if the target underperforms or no deal occurs.

voluntary lock-up financial

"entered into a voluntary lock-up arrangement in respect of its holdings in AMTD IDEA Group"

forward-looking statements regulatory

"This press release contains statements that may constitute “forward-looking” statements pursuant to the “safe harbor” provisions"

Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.

safe harbor regulatory

"pursuant to the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995"

Safe harbor is a rule that protects companies or individuals from legal trouble if they follow certain guidelines or procedures. It’s like having a safety net that allows them to act without fear of punishment, as long as they stick to the rules. This helps encourage honest behavior and clear standards in financial and legal activities.

Form 6-K: How Foreign Companies Report to the SEC →

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 6-K

REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16

UNDER THE SECURITIES EXCHANGE ACT OF 1934

For the month of April 2026

Commission File Number: 001-39006

AMTD IDEA Group

(Translation of registrant’s name into English)

66 rue Jean-Jacques Rousseau

75001 Paris

France

(Address of principal executive office)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

Form 20-F ☒      Form 40-F ☐

EXHIBIT INDEX

Exhibit No.		Description
99.1		Press Release – AMTD IDEA Group Announces Dividend Plan to Distribute Shares of Listed Subsidiaries
99.2		Press Release – AMTD IDEA Group’s Controlling Shareholder, Directors and Executive Officers Enter into Voluntary Lock-up on Holdings

1

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

	AMTD IDEA Group
	By:	/s/ Feridun Hamdullahpur
	Name:	Dr. Feridun Hamdullahpur
	Title:	Director

Date: April 8, 2026

2

Exhibit 99.1

AMTD IDEA Group Announces Dividend Plan to Distribute Shares of Listed Subsidiaries

PARIS, NEW YORK and SINGAPORE, April 8, 2026 — AMTD IDEA Group (NYSE: AMTD; SGX: HKB), a NYSE and SGX-ST dual-listed company and a subsidiary of AMTD Group Inc., today announced that it plans to declare and distribute stock dividends by way of shares of its listed subsidiaries to shareholders and holders of American depositary shares of AMTD IDEA Group (the “Proposed Distribution”).

Since its initial public offering on the NYSE in 2019, AMTD IDEA Group has expanded its operations and businesses significantly, evolving into the parent company of various other listed entities. A key subsidiary, AMTD Digital Inc. (NYSE: HKD) – a comprehensive digital solutions platform headquartered in France that provides a one-stop digital solutions platform – consummated its initial public offering on the NYSE in 2022. The Generation Essentials Group (NYSE: TGE; LSE: TGE), a subsidiary of AMTD Digital Inc., consummated its business combination with Black Spade Acquisition II Co (Nasdaq: BSII), a special purpose acquisition company (“SPAC”), in June 2025 and is currently listing its shares and warrants on the NYSE and NYSE American, respectively. The Generation Essentials Group is headquartered in France and focuses on global strategies and developments in multi-media, entertainment, and cultural affairs worldwide as well as hospitality and VIP services, comprising L’Officiel, The Art Newspaper, movie and entertainment projects. As part of its growth strategy, AMTD IDEA Group has also established an initiative to sponsor and control SPACs, with the intention that these vehicles will raise capital from public markets and subsequently acquire operating businesses through business combinations. In furtherance of this strategy, The Generation Essentials Group has acted as the sponsor of TGE Value Creative Solutions Corp, a SPAC which successfully completed its initial public offering of 15,000,000 units at $10.00 per unit on the NYSE on December 23, 2025, resulting in gross proceeds of $150,000,000.

Whether any Proposed Distribution will be made, and the record date, timing, form and amount of the Proposed Distribution, are subject to further deliberation and determination of the board of directors of AMTD IDEA Group. Factors that may be considered include, but are not limited to, the performance of AMTD IDEA Group and the relevant listed subsidiaries and the overall market conditions. The Proposed Distribution remains in an exploratory stage and is subject to uncertainties; there can be no assurance that any Proposed Distribution will be made.

About AMTD IDEA Group

AMTD IDEA Group (NYSE: AMTD; SGX: HKB) represents a diversified institution and digital solutions conglomerate group, connecting companies and investors with global markets. Its comprehensive one-stop business services plus digital solutions platform addresses different clients’ diverse and inter-connected business needs and digital requirements across all phases of their life cycles. AMTD IDEA Group is uniquely positioned as an active super connector between clients, business partners, investee companies, and investors, connecting the East and the West. For more information, please visit www.amtdinc.com or follow us on X (formerly known as “Twitter”) at @AMTDGroup.

About AMD Digital Inc.

AMTD Digital Inc. (NYSE: HKD) is a comprehensive digital solutions platform headquartered in France. Its one-stop digital solutions platform operates key business lines including digital media, content and marketing services, investments as well as hospitality and VIP services. For AMTD Digital’s announcements, please visit https://ir.amtdigital.net/investor-news.

About The Generation Essentials Group

The Generation Essentials Group (NYSE: TGE; LSE: TGE), jointly established by AMTD Group, AMTD IDEA Group (NYSE: AMTD; SGX: HKB) and AMTD Digital Inc. (NYSE: HKD), is headquartered in France and focuses on global strategies and developments in multi-media, entertainment, and cultural affairs worldwide as well as hospitality and VIP services. TGE comprises L’Officiel, The Art Newspaper, movie and entertainment projects. Collectively, TGE is a diversified portfolio of media and entertainment businesses, and a global portfolio of premium properties. Also, TGE is a special purpose acquisition company (SPAC) sponsor manager, with its first SPAC successfully raised and priced on December 18, 2025.

Safe Harbor Statement

This press release contains statements that may constitute “forward-looking” statements pursuant to the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “aims,” “future,” “intends,” “plans,” “believes,” “estimates,” “likely to,” and similar statements. Statements that are not historical facts, including statements about the beliefs, plans, and expectations of AMTD IDEA Group, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. Further information regarding these and other risks is included in the filings of AMTD IDEA Group with the SEC. All information provided in this press release is as of the date of this press release, and AMTD IDEA Group does not undertake any obligation to update any forward-looking statement, except as required under applicable law.

For more information, please contact:

IR Office
AMTD IDEA Group
EMAIL: ir@amtdinc.com

Exhibit 99.2

AMTD IDEA Group’s Controlling Shareholder, Directors and Executive Officers Enter into Voluntary Lock-up on Holdings

PARIS, NEW YORK and SINGAPORE, April 8, 2026 — AMTD IDEA Group (“AMTD IDEA Group”) (NYSE: AMTD; SGX: HKB), a NYSE and SGX-ST dual-listed company and a subsidiary of AMTD Group Inc. (“AMTD Group”), today announced that AMTD Group and all of AMTD IDEA Group’s directors and executive officers have entered into a voluntary lock-up arrangement in respect of its holdings in AMTD IDEA Group. Specifically, each of them has undertaken not to sell any equity securities its owns in AMTD IDEA Group in the open market for 2 years commencing on the date of this press release.

About AMTD IDEA Group

AMTD IDEA Group (NYSE: AMTD; SGX: HKB) represents a diversified institution and digital solutions conglomerate group, connecting companies and investors with global markets. Its comprehensive one-stop business services plus digital solutions platform addresses different clients’ diverse and inter-connected business needs and digital requirements across all phases of their life cycles. AMTD IDEA Group is uniquely positioned as an active super connector between clients, business partners, investee companies, and investors, connecting the East and the West. For more information, please visit www.amtdinc.com or follow us on X (formerly known as “Twitter”) at @AMTDGroup.

Safe Harbor Statement

This press release contains statements that may constitute “forward-looking” statements pursuant to the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “aims,” “future,” “intends,” “plans,” “believes,” “estimates,” “likely to,” and similar statements. Statements that are not historical facts, including statements about the beliefs, plans, and expectations of AMTD IDEA Group and/or AMTD Digital, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. Further information regarding these and other risks is included in the filings of AMTD IDEA Group, AMTD Digital and The Generation Essentials Group with the SEC. All information provided in this press release is as of the date of this press release, and none of AMTD IDEA Group, AMTD Digital and The Generation Essentials Group undertakes any obligation to update any forward-looking statement, except as required under applicable law.

For more information, please contact:

IR Office
AMTD IDEA Group
EMAIL: ir@amtdinc.com

FAQ

What dividend plan did AMTD (AMTD IDEA Group) announce in this 6-K?

AMTD IDEA Group is exploring a stock dividend by distributing shares of its listed subsidiaries to its shareholders and ADS holders. The board will decide whether any distribution occurs, and its record date, form, timing, and amount, so no dividend is guaranteed yet.

Is AMTD IDEA Group’s proposed subsidiary-share distribution confirmed?

The proposed distribution is not yet confirmed. The board of AMTD IDEA Group still must deliberate and determine whether to proceed, including the record date, timing, form, and amount. The company states the plan remains exploratory and there is no assurance any distribution will be made.

What voluntary lock-up did AMTD IDEA Group insiders agree to?

AMTD Group and all AMTD IDEA directors and executive officers have agreed to a voluntary lock-up. Each has undertaken not to sell any AMTD IDEA Group equity securities they own in the open market for 2 years starting from the date of the press release announcing the arrangement.

How is AMTD IDEA Group involved with SPACs, including TGE Value Creative Solutions Corp?

AMTD IDEA Group has established an initiative to sponsor and control SPACs. The Generation Essentials Group sponsors TGE Value Creative Solutions Corp, which completed an IPO of 15,000,000 units at $10.00 each on the NYSE, resulting in $150,000,000 in gross proceeds.

Which listed entities are highlighted alongside AMTD (AMTD IDEA Group) in this filing?

The document highlights AMTD Digital Inc. (NYSE: HKD), a comprehensive digital solutions platform, and The Generation Essentials Group (NYSE: TGE; LSE: TGE), which focuses on media, entertainment, cultural affairs, and hospitality, and also acts as a SPAC sponsor manager within the AMTD ecosystem.

What forward-looking statement cautions does AMTD IDEA Group provide here?

Both press releases include a safe harbor statement noting that forward-looking statements involve risks and uncertainties. They reference terms like “expects,” “plans,” and “likely to,” and direct readers to AMTD IDEA Group’s and related entities’ SEC filings for further risk information.

Filing Exhibits & Attachments

2 documents

Press Releases

• EX-99.1 PRESS RELEASE - AMTD IDEA GROUP ANNOUNCES DIVIDEND PLAN TO DISTRIBUTE SHARES OF 10.6 KB
• EX-99.2 PRESS RELEASE - AMTD IDEA GROUP'S CONTROLLING SHAREHOLDER, DIRECTORS AND EXECUTI 5.9 KB