
Document: WuXi XDC holders seek to raise up to HKD 2.4 billion through block trades
The transaction terms indicate that WuXi XDC's holder, Huanquan Pharmaceutical Hong Kong Investment Co., Ltd., seeks to raise up to HKD 2.4 billion through a block trade: issuing 30.3 million shares, priced at HKD 77 to HKD 79.07 per share, representing a discount of 4.5% to 7% compared to Wednesday's closing price of HKD 82.80, accounting for approximately 2.47% of the existing shares outstanding, with a 90-day lock-up period for the seller, and Morgan Stanley serving as the exclusive bookrunner
