ImmuneOnco Biopharmaceuticals (Shanghai) Co. Ltd. has announced the completion of a placing of new H shares under a general mandate. All conditions precedent set out in the Placing Agreement have been fulfilled and the transaction has closed. The company will proceed with the relevant filing procedures in accordance with the rules of the China Securities Regulatory Commission. The placing is part of ImmuneOnco's efforts to strengthen its capital base and support ongoing business development.
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