CUTIA-B (02487) Shareholders Deposit Shares with Huatai Hong Kong Worth HK$286 Million

Stock News

Sep 08

According to the latest information from the Hong Kong Stock Exchange, on September 5, CUTIA-B (02487) shareholders deposited shares with Huatai Hong Kong, with a custody market value of HK$286 million, representing 8.26% of the company.

CUTIA-B announced that the placement was completed on September 5, 2025, in accordance with the terms and conditions of the placement agreement. The placing agent successfully placed a total of 28.904 million placing shares 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.

The gross proceeds from the placement amounted to approximately HK$243 million, while the net proceeds from the placement were approximately HK$240 million.

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