Innovax Holdings Limited (HK:2680) has released an update.
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Innovax Holdings Limited successfully completed its rights issue, raising approximately HK$11.4 million in net proceeds. The company plans to utilize these funds to expand its placing and underwriting business, enhance its fund management services, and support general working capital. The shareholding structure saw a slight change with the inclusion of independent placees.
For further insights into HK:2680 stock, check out TipRanks’ Stock Analysis page.