Origin Agritech receives US$2.8 million from private placement
The company received the full US$2.8 million previously announced in a private placement at US$1.40 per share.
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11:07:33 AM UTC
SquawkNews
Origin Agritech closed a $2.8M private placement of 2.0M ordinary shares at $1.40, with no warrants or placement agent fees. Proceeds will fund working capital, R&D, and debt reduction.Material DetailsContext by AI AnalystThis is a financing and operational tidy-up ahead of planned fiscal 2027 comm…