CUTIA-B (02487) Completes Placement of 28.904 Million Shares, Raising Net Proceeds of Approximately HK$240 Million
Stock News
Sep 05
CUTIA-B (02487) announced that the share placement was completed on September 5, 2025, in accordance with the terms and conditions of the placement agreement. The placement agents successfully placed a total of 28.904 million placement shares to TruMed Health Innovation Fund LP, Octagon Investments Master Fund LP, and Octagon Private Opportunities Fund II LP at a placement price of HK$8.40 per share. The gross proceeds from the placement amounted to approximately HK$243 million. The net proceeds from the placement were approximately HK$240 million.
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