BUZZ-Australia's Cambium Bio hits 7-week high on premium placement

Reuters
Jan 20
BUZZ-Australia's <a href="https://laohu8.com/S/CMB.AU">Cambium Bio</a> hits 7-week high on premium placement

** Cambium Bio CMB.AX jumps 13% to A$0.52, highest since November 27, 2025

** Regenerative medicine co secures A$2.4 million strategic investment from major shareholder Zheng Yang Biomedical Technology Co

** Investment via placement of 4.4 mln new shares at A$0.55/share, representing 19.6% premium to last close

** YTD, CMB up 10.6%

(Reporting by Shruti Agarwal in Bengaluru)

((Shruti.Agarwal@thomsonreuters.com))

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10