Aoxin Q&M Dental upsizes unregistered share placement to SGD 13.15 million
QUICK-MED TECHNOLOGIES INC QMDT | 0.00 | 0.00% |
- Aoxin Q&M entered an addendum with SAC Capital to upsize its proposed SAC private placement to up to 84,000,000 new shares.
- The placement price is SGD 0.1566 per share.
- Gross proceeds from the upsized SAC placement are up to SGD 13.2 million.
- Across the upsized placements, total gross proceeds are SGD 21 million and estimated net proceeds are about SGD 20.2 million.
- The company said it plans to allocate 95% of the net proceeds to business expansion and 5% to working capital.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Aoxin Q&M Dental Group Ltd. published the original content used to generate this news brief via Singapore Exchange Limited (SGX) (Ref. ID: A1TG7219MZT6AX7I) on March 23, 2026, and is solely responsible for the information contained therein.
