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TenNor Therap-B

06872 · HKEX
Listed

Dano Pharmaceutical is a biotechnology company approaching the commercialization stage, focusing on the discovery, development and commercialization of differentiated innovative pharmaceutical product…

Listed

IPO Timeline

  1. OpenMay 14
  2. CloseMay 19
  3. AllotmentMay 21
  4. PaymentMay 22
  5. ListingMay 22

Key Facts

Issue Price

HKD 75.70

Min Entry Fee

HKD 3,823.17

Shares Issued

8.86M

Lot Size

50

Total Raise

HKD 670.4M

Estimated Market Cap

HKD 3.92B

Public Allocation

10.0%

International Placement

90.0%

Business Overview

Dano Pharmaceutical is a biotechnology company approaching the commercialization stage, focusing on the discovery, development and commercialization of differentiated innovative pharmaceutical products to address unmet clinical needs in the fields of bacterial infections and bacterial metabolism‑related diseases.

Use of Proceeds

1、71.0% or approximately HK$395.7 million will be used for the research, development, registration filing and commercialisation of the Company’s core products;

2、7.0% or approximately HK$39.2 million will be used to fund the research and development of the oral formulation of TNP‑2092;

3、7.3% or approximately HK$40.9 million will be used for the research and development of other candidate products of the Company;

4、7.2% or approximately HK$40.2 million will be used for the construction of the Company’s own manufacturing plant;

5、7.5% or approximately HK$41.8 million will be used as working capital and for other general corporate purposes.

Sponsor Track Record

Track-record data is being refreshed.

Intermediaries & Documents

Sponsors

  • 中信證券(香港)有限公司
  • 農銀國際融資有限公司

Underwriters

  • 中信里昂證券有限公司
  • 農銀國際證券有限公司
  • 華興證券(香港)有限公司
  • 富途證券國際(香港)有限公司
  • 老虎證券(香港)環球有限公司

Prospectus PDF

Prospectus PDF

Cornerstone Investors

  • AMR Action Fund, L.P.
  • 华圆管理咨询(香港)有限公司
  • AMR Action Fund, SCSp
  • 东方资产管理(香港)有限公司
  • 骏升环球有限公司

Total

0

37.3% of placement

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