LongBio-B (LongBio Pharma (Suzhou) Co., Ltd.; HKEX: 01779) reported that on 6 July 2026 it issued and allotted 2.13 million new H shares following the full exercise of the over-allotment option disclosed on 30 June 2026. The new shares were priced at HKD 96.06 each, expanding the company’s issued H-share capital by 2.92%.
The transaction lifted LongBio Pharma’s outstanding H-share count from 72.93 million to 75.06 million. Based on the disclosed issue price, the share placement corresponds to gross proceeds of approximately HKD 204.51 million (about USD 26.19 million).
No treasury shares were created, sold, or cancelled in the period, leaving LongBio Pharma with zero treasury shares and a post-issuance total of 75.06 million issued shares as at 6 July 2026.
Comments