TYK Medicines Issues Cash Advance for Tax Payment

TYK Medicines, Inc. Class H (HK:2410) has released an update.

TYK Medicines, Inc. has entered into an Advancement Agreement with its executive director Dr. Jiang to provide a cash advance of RMB3,100,861.50. This advance is intended to cover individual income taxes arising from awards under the company’s Employee Incentive Scheme. The agreement, which runs until December 15, 2026, is subject to specific reporting and review requirements under Hong Kong’s Listing Rules.

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