Zai Lab reports 113,400,000 new shares in HKEX next-day disclosure return
ZLAB•Zai Lab reported issuing 113,400,000 shares through a private placement at HKD 17.28 per share, increasing outstanding shares by 9.97% and bringing total issued shares to 1,251,228,030.
1. Private placement issuance
Zai Lab’s Oct. 28 next-day disclosure return reported that it issued 113,400,000 new shares through a private placement at HKD 17.28 per share. The issuance represented a 9.97% increase in outstanding shares, bringing total issued shares to 1,251,228,030.
