Cutia Therapeutics Announces Placing of 28.9 Million New Shares Under General Mandate

Reuters
Aug 29
Cutia <a href="https://laohu8.com/S/LENZ">Therapeutics</a> Announces Placing of 28.9 Million New Shares Under General Mandate

Cutia Therapeutics has entered into Placing Agreements with Placing Agents to procure placees for a total of 28,904,000 shares at a price of HK$8.40 per share. This transaction, representing approximately 9.05% of the issued shares of the company, is expected to generate net proceeds of approximately HK$240.26 million after deducting related fees and expenses.

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