---
title: "CUTIA-B completed the placement of 28.904 million shares, netting approximately HKD 240 million"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/256086209.md"
description: "CUTIA-B completed the placement of 28.904 million shares, with a placement price of HKD 8.40 per share. The total amount raised from the placement is approximately HKD 243 million, with a net amount of about HKD 240 million"
datetime: "2025-09-05T08:36:03.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/256086209.md)
  - [en](https://longbridge.com/en/news/256086209.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/256086209.md)
---

# 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

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