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CANbridge Pharmaceuticals to Hold Virtual EGM for Share Issuance Mandate

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CANbridge Pharmaceuticals to Hold Virtual EGM for Share Issuance Mandate

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An update from CANbridge Pharmaceuticals Inc. ( (HK:1228) ) is now available.

CANbridge Pharmaceuticals Inc. announced an extraordinary general meeting (EGM) to be held virtually on December 4, 2025. The meeting will address resolutions including the revocation of the existing general mandate for issuing shares and the approval of a new mandate allowing directors to issue additional shares up to 20% of the total shares in issue. This strategic move is aimed at enhancing the company’s flexibility in capital management and potentially strengthening its market position.

The most recent analyst rating on (HK:1228) stock is a Hold with a HK$2.00 price target. To see the full list of analyst forecasts on CANbridge Pharmaceuticals Inc. stock, see the HK:1228 Stock Forecast page.

More about CANbridge Pharmaceuticals Inc.

CANbridge Pharmaceuticals Inc. is a pharmaceutical company incorporated in the Cayman Islands, focusing on the development and commercialization of therapies for rare diseases and targeted cancers.

Average Trading Volume: 5,336,245

Technical Sentiment Signal: Buy

Current Market Cap: HK$1.06B

See more insights into 1228 stock on TipRanks’ Stock Analysis page.

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