WuXi XDC Cayman Inc. Announces Placing of 22.28 Million New Shares Under General Mandate

Reuters

Sep 03

WuXi XDC Cayman Inc. has entered into a Placing Agreement with a Placing Agent on September 2, 2025, to place up to 22,277,000 new shares at a Placing Price of HK$58.85 per share. The transaction, conducted on a fully underwritten basis, involves not less than six independent third-party placees, with maximum gross proceeds expected to reach approximately HK$1,311 million.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Wuxi XDC Cayman Inc. published the original content used to generate this news brief on September 03, 2025, and is solely responsible for the information contained therein.

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Announces Placing of 22.28 Million New Shares Under General Mandate","media":"Reuters","content":"<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      WuXi XDC Cayman Inc. Announces Placing of 22.28 Million New Shares Under General Mandate\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        WuXi XDC Cayman Inc. has entered into a Placing Agreement with a Placing Agent on September 2, 2025, to place up to 22,277,000 new shares at a Placing Price of HK$58.85 per share. 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Announces Placing of 22.28 Million New Shares Under General Mandate\n    \n\n        WuXi XDC Cayman Inc. has entered into a Placing Agreement with a Placing Agent on September 2, 2025, to place up to 22,277,000 new shares at a Placing Price of HK$58.85 per share. The transaction, conducted on a fully underwritten basis, involves not less than six independent third-party placees, with maximum gross proceeds expected to reach approximately HK$1,311 million.\n      \n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Wuxi XDC Cayman Inc. published the original content used to generate this news brief on September 03, 2025, and is solely responsible for the information contained therein.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"shareholding","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}