Immunotech Biopharm Ltd. has announced the proposed issue of new convertible bonds and a loan note under a general mandate, as part of a broader settlement involving its 2023 convertible bonds. According to the Subscription Agreement entered into on 9 February 2026, the company will issue new convertible bonds with a principal amount of RMB270 million and a loan note of RMB30 million, both for a period of 364 days. The Investor will also be granted exclusive global rights to promote, sell, research, and manufacture the company’s non-pharmaceutical products under specific regulatory statuses in the PRC (including Hong Kong, Macau, and Taiwan), South Korea, and Japan. The transaction involves various parties, including Tan Zheng Ltd, Tan Xiao Yang Ltd, and Tan Yue Yue Ltd as Obligors.
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