Ascentage Pharma Group International Raised $126 Million from US IPO of Over 7 Million ADS

MT Newswires Live

2025/01/30

Ascentage Pharma Group International (HKG:6855) raised $126.4 million from its US initial public offering of 7,325,000 American depository shares at $17.25 apiece, a Tuesday press release said.

The drugmaker also granted underwriters a 30-day option to buy up to 1,098,750 more ADSs at the IPO price, with underwriting costs deducted.

J.P. Morgan Securities and Citigroup Global Markets served as the joint book-running managers for the offering.

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Morgan Securities and Citigroup Global Markets served as the joint book-running managers for the offering.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK1161","symbol_name":"生物科技","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2507643302","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2507643302","pubTimestamp":1738230974,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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