Zai Lab Ltd (HK:9688) has released an update.
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Zai Lab Limited has announced a follow-on public offering of 7,843,137 American Depositary Shares (ADS) to raise $200 million, with each ADS priced at $25.50. The company’s shares are listed on both the Nasdaq Global Market and the Hong Kong Stock Exchange, reflecting its dual-market strategy. This move is part of Zai Lab’s efforts to bolster its financial resources for future endeavors.
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