Canbridge Pharmaceuticals Inc. has announced a subscription of new shares under a general mandate. The company clarified that the shares are not being offered or sold in the United States and have not been registered under the U.S. Securities Act of 1933. Canbridge Pharmaceuticals does not intend to register the securities in the U.S. or conduct a public offering there. The transaction constitutes a private placement or unregistered sale of shares and is not open to the public in jurisdictions where such an offer would be unlawful.
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