TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
The latest update is out from QuantumPharm, Inc. ( (HK:2228) ).
XtalPi Holdings Limited has successfully completed the placing of 285,920,000 new shares, representing approximately 6.64% of its enlarged issued share capital, at a price of HK$9.28 per share. The placing, which raised approximately HK$2,629.8 million in net proceeds, will primarily fund the company’s ongoing product iterations and upgrades, including advancements in its robotic laboratory technology and AI capabilities. These developments are expected to enhance XtalPi’s research and development technological capabilities, positioning the company to address key industry challenges and improve operational efficiency.
The most recent analyst rating on (HK:2228) stock is a Hold with a HK$10.50 price target. To see the full list of analyst forecasts on QuantumPharm, Inc. stock, see the HK:2228 Stock Forecast page.
More about QuantumPharm, Inc.
Average Trading Volume: 175,357,095
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$39.51B
For an in-depth examination of 2228 stock, go to TipRanks’ Overview page.