
PuraPharm Completes Key Share Transactions to Enhance Market Position

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PuraPharm Corp. Ltd. (HK:1498) has completed a Patent Licence Agreement and a Subscription Agreement, issuing 93,488,372 and 46,512,000 new shares respectively. These transactions significantly enhance the company's share capital and are expected to impact its financial structure and market position. The latest analyst rating for PuraPharm stock is a Hold with a price target of HK$0.50. The company, based in the Cayman Islands, specializes in herbal medicines and health products, with a current market cap of HK$163.9M.
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