Summary by Moomoo AI
CONXINO BIO CORPORATION (“CONXINO”) ISSUED AN OVERSEAS REGULATORY NOTICE ON APRIL 11, 2024, ANNOUNCING A SUMMARY REPORT OF RECOMMENDATION BY CITIC SECURITIES LIMITED (“CITIC SECURITIES”) REGARDING CONCHINO'S INITIAL PUBLIC OFFERING OF SHARES AND LISTING ON SCIENTBOARD. The report noted that Conchino successfully listed 24,800,000 shares of RMB Ordinary Shares on August 13, 2020 on the Shanghai Stock Exchange's Scientboard, with a public offering price of RMB209.71 per share. The total amount of funds raised was RMB 497,946.51 million, and the over-fund reached RMB 397,946.51 million. CITIC Securities, as a proxy, conducted ongoing supervision of Conchino and ended the supervision period on December 31, 2023. The report mentions that Conchino has made some changes to its use of fundraising to adapt to market needs and the company's...Show More