CANBRIDGE-B (01228) Plans to Issue 9.996 Million Shares at 19.86% Discount, Raising Net Proceeds of HK$22.09 Million
Stock News
Sep 15
CANBRIDGE-B (01228) announced that on September 15, 2025, the company plans to issue a total of 9.996 million subscription shares to three subscribers (Qin Shen, Huang Xiaoting, and Wusong Capital Limited). The subscription price of HK$2.26 per subscription share represents a discount of approximately 19.86% compared to the closing price of HK$2.82 per share on September 15. The total proceeds from the subscription will amount to HK$22.59 million, with estimated net proceeds of approximately HK$22.09 million. The company intends to use the net proceeds from the subscription for research and development expenses of existing product lines and the group's general operations.
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