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14:24
CASI Pharmaceuticals recently announced that the company expects its common stock to be quoted on the over-the-counter (OTC) market operated by OTC Markets Group.This move marks a significant shift for the company’s stock trading platform. The OTC market, as a non-exchange trading platform, provides investors with more flexible trading channels. This adjustment by Kexin Yuanda aims to broaden stock liquidity and attract a wider range of investors. The company stated that it will continue to comply with relevant market regulatory requirements to ensure that shareholders’ interests are fully protected.
14:23
Biotechnology company Trinity Biotech plc announced that it has officially signed a $25 million Securities Purchase Agreement (SEPA) with an affiliate of its financing partner Yorkville Advisors Global.The signing of this agreement will provide significant financial support to the company, helping to advance its business development and strategic planning.
14:23
Revolut is considering a new round of stock sales in the second half of this year to meet pre-IPO demand.PANews, February 25 — According to Bloomberg, sources revealed that UK fintech company Revolut is considering a new round of stock sales in the second half of this year, as investors rush to buy shares in the company ahead of a potential public listing. The new round of sales would continue a series of transactions from last year, when the company's valuation rose from $45 billion in 2024 to $75 billion. Sources said that Revolut investors have been pushing for a new round of deals at a valuation of at least $100 billion, and any new round may continue the previous hybrid transaction model. The deliberations are still at an early stage, and no decision has been made regarding the scale or timing of the stock sale. Investors and bankers are closely watching Revolut's fundraising progress, speculating that the company will eventually apply for a public listing. Some sources said the company aims to achieve a valuation of at least $150 billion through the listing. A Revolut representative declined to comment.
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