Zai Lab Agrees to Raise About $250 Million in Private Placement
Zai Lab agreed to sell 11.34 million American depositary shares to accredited investors at $22.04 each, for expected gross proceeds of approximately $250 million. The placement is expected to close on or about October 27, 2026.
Zai Lab agreed to sell 11.34 million American depositary shares to accredited investors at $22.04 each, for expected gross proceeds of approximately $250 million. The company expects the placement to close on or about October 27, 2026, and plans to use net proceeds for pipeline development, working…