Cutia Therapeutics Completes Successful Private Placement of New Shares, Raising Funds from Key Investors
Reuters
Sep 05
Cutia Therapeutics Completes Successful Private Placement of New Shares, Raising Funds from Key Investors
Cutia Therapeutics has successfully completed a private placement of new shares under a general mandate. The company announced that a total of 28,904,000 placing shares were successfully placed by the Placing Agents to TruMed Health Innovation Fund LP, Octagon Investments Master Fund LP, and Octagon Private Opportunities Fund II LP at a placing price of HK$8.40 per share. TruMed, an exempted limited partnership incorporated in the Cayman Islands, is a pooled investment fund primarily investing in healthcare equities. This completion marks a significant step for Cutia Therapeutics in raising capital to support its endeavors.
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