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CK Life Sciences International (Holdings), Inc. ( (HK:0775) ) has shared an announcement.
CK Life Sciences International (Holdings), Inc. announced a connected transaction involving a Debt Exchange Agreement with a Purchaser, converting a loan of US$19.5 million, including accrued interest, into equity shares. This transaction, which is a material variation to the original Loan Agreement, allows the company to hold approximately 10.8% of the Purchaser’s outstanding common stock, aiding the Purchaser in meeting Nasdaq’s equity requirements.
More about CK Life Sciences International (Holdings), Inc.
YTD Price Performance: 34.15%
Average Trading Volume: 3,579,879
Technical Sentiment Consensus Rating: Hold
Current Market Cap: HK$5.29B
See more data about 0775 stock on TipRanks’ Stock Analysis page.
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