TransThera Sciences Launches Discounted HK$290 Million H-Share Placement
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TransThera Sciences (Nanjing), Inc. has announced a discounted placement of 5,085,000 new H shares at HK$57.03 each, representing about 1.27% of its existing share capital. The placement, which is expected to raise approximately HK$290 million, reflects an 18% discount to the last closing price. The shares will be issued to at least six professional or institutional investors under the company's existing mandate. Completion of the transaction is subject to conditions under the placing agreement.
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