LongBio Pharma(01779.HK): Over-Allotment Option Fully Exercised, Raising Additional Net Proceeds of Approximately HK$194 Million
NewTimeSpace News: On June 30, 2026, LongBio Pharma(01779.HK) issued an announcement stating that the sole sponsor and global coordinator has fully exercised the over-allotment option, covering a total of 2,128,950 H-shares, representing approximately 15% of the total number of shares initially offered for subscription under the global offering.
The over-allotment shares will be allotted and issued at HK$96.06 per share to facilitate the delivery of shares to placees who agreed to deferred settlement of H-shares. The Company will receive additional net proceeds of roughly HK$194 million from the issuance of the over-allotment shares, which will be allocated proportionally for the purposes set out in the prospectus.
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