Zai Lab Ltd (HK:9688) has released an update.
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Zai Lab Ltd is set to offer 7,843,137 American Depositary Shares (ADS), representing 78,431,370 underlying shares, as part of a new issuance under a general mandate. This offering, managed by leading underwriters including Goldman Sachs and Jefferies, includes a 30-day option to purchase an additional 1,176,470 ADS. This move is expected to attract a diverse group of independent investors, enhancing Zai Lab’s financial flexibility and market presence.
For further insights into HK:9688 stock, check out TipRanks’ Stock Analysis page.
