CANBRIDGE-B plans to issue 9,996,200 shares at a discount of approximately 19.86%, raising about HKD 22,091,400 net
CANBRIDGE-B plans to issue 9.9962 million shares to 3 subscribers on September 15, 2025, with a subscription price of HKD 2.26 per share, representing a discount of approximately 19.86% to the closing price. This subscription is expected to raise HKD 22.5914 million, with a net amount of approximately HKD 22.0914 million, primarily for research and development expenses and daily operations
According to the announcement from CANBRIDGE-B (01228), on September 15, 2025, the company plans to issue a total of 9,996,200 subscription shares to three subscribers (Qin Shen, Huang Xiaoting, and Wusong Capital Limited). The subscription price for each share is HKD 2.26, representing a discount of approximately 19.86% compared to the closing price of HKD 2.82 per share on September 15.
The total amount raised from the subscription will be HKD 22,591,400, with the net proceeds estimated to be approximately HKD 22,091,400. The company intends to use the net proceeds from the subscription for research and development expenses of existing product lines and for the group's daily operations
