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iX Biopharma's executive chairman injects $600,000 into company via exercise of warrants

Teo Zheng Long
Teo Zheng Long • 1 min read
iX Biopharma's executive chairman injects $600,000 into company via exercise of warrants
iX Biopharma's executive chairman and CEO Eddy Lee / Photo: Albert Chua
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iX Biopharma (SGX:42C) announced that it has allotted and issued 10 million new ordinary shares at a price of six cents per warrant share as part of its exercise of warrants.

Following the exercise, the number of issued shares in iX Biopharma increased from 1,038,324,529 shares to 1,048,324,529 shares.

The 10 million new ordinary shares are allotted to Eddy Lee Yip Hang, who is the executive chairman and CEO of iX Biopharma.

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