Watson Biotechnology: Plans to issue additional shares to specific investors to raise no more than approximately 2.003 billion yuan

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Everyday AI Express, Watson Biotech (SZ 300142, closing price: 12.28 yuan) announced on the evening of March 18 that the company’s plan to issue shares to specific investors has been approved by the company’s third meeting of the sixth board of directors. The target for this issuance is Tengyun Xinwo. The number of shares to be issued will not exceed approximately 208 million shares (including this amount), representing no more than 30% of the company’s total shares before the issuance. The issuance price is 9.63 yuan per share. The planned fundraising amount is no more than approximately 2.003 billion yuan, which will be used entirely for working capital after deducting issuance costs.

Everyday Headlines (nbdtoutiao)—Middle East conflict, record-high private credit defaults in the U.S.… The redemption wave of private credit funds continues, with giants only paying out about 70%, and Wall Street sensing the “2008 crisis” atmosphere?

(Reporter Zeng Jianhui)

Disclaimer: The content and data of this article are for reference only and do not constitute investment advice. Please verify before use. Operate at your own risk.

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