TRANSTHERA-B Places Shares at 18% Discount, Net Proceeds HKD152 million
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TRANSTHERA-Bannounced the placing of 3.836 million new H shares at HKD40.83 each, an 18% discount to the previous closing price of HKD49.8. The net proceeds of approximately HKD152 million will primarily fund the development of new indications for Tinegotinib, with 10% allocated for working capital and general corporate purposes.
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