CANBRIDGE-B (01228) plans to discount approximately 14.70% of the total share issuance of 84.0336 million shares, raising approximately HK$1.99 billion net.

CANBRIDGE-B (01228) announced that on February 15, 2026, the Company entered into a subscription agreement with the subscriber, whereby the Company has conditionally agreed to issue, and the subscriber has conditionally agreed to subscribe for, a total of 84.0336 million subscription shares at a subscription price of HK$2.38 per subscription share. The subscription price of HK$2.38 per subscription share represents a discount of approximately 14.70% to the closing price of HK$2.79 per share on the Stock Exchange of Hong Kong on February 13, 2026 (the last trading day). The total amount of funds raised from the subscription will be approximately HK$200 million, and after deducting the related expenses incurred in connection with the subscription, the Company estimates that the net funds receivable from the subscription will be approximately HK$199 million. The net issue price per subscription share is HK$2.37. The Company intends to use the net proceeds from the subscription for operating capital and maintenance of commercialized products, research and development expenses for existing product lines, and settlement of the trade payables of the Group.