CUTIA-B completed the placement of 28.904 million shares, netting approximately HKD 240 million

According to the announcement from CUTIA-B (02487), the placement was completed on September 5, 2025, in accordance with the terms and conditions of the placement agreement. The placement agent successfully placed a total of 28.904 million placement shares to TruMed Health Innovation Fund LP, Octagon Investments Master Fund LP, and Octagon Private Opportunities Fund II LP, at a placement price of HKD 8.40 per share. The total amount raised from the placement is approximately HKD 243 million. The net proceeds from the placement are approximately HKD 240 million