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Rainmed Medical Limited ( (HK:2297) ) has shared an update.
Rainmed Medical Limited announced the completion of a subscription agreement, resulting in the issuance of 233,559,800 new shares, which represents approximately 16.67% of the company’s enlarged share capital. This transaction has positioned the subscriber as a substantial shareholder and connected person under stock exchange rules, while the company has raised approximately HK$37.47 million in net proceeds to be used as previously disclosed.
More about Rainmed Medical Limited
Rainmed Medical Limited is a company incorporated in the Cayman Islands, operating within the medical industry. It focuses on providing innovative medical solutions and services, with a market focus on expanding its shareholding structure and enhancing its financial position.
Average Trading Volume: 1,634,115
Technical Sentiment Signal: Hold
For detailed information about 2297 stock, go to TipRanks’ Stock Analysis page.