Mocular Medical Raises RMB 22 Million on NEEQ, Fully Subscribed by Aier Optical

Original Title: Mocular Medical Raises RMB 22 Million on the New Third Board, ByAutek ChinaFully Subscribed Source: Wabei.com

Wabei.com, September 11 – Hangzhou Mocular Medical Technology Inc. (stock abbreviation: Mocular Medical; stock code: 832652) will officially issue 2.8418 million shares to the public on the National Equities Exchange and Quotations (NEEQ) on September 17. All shares issued will be unrestricted tradable shares, with total proceeds amounting to RMB 22 million. The funds raised will primarily be used to supplement the company’s working capital.

The number of shares issued in this offering is 2.8418 million, with an issue price of RMB 7.7417 per share, raising a total of RMB 22 million. The offering was subscribed entirely by one investor, Autek China Inc. (Stock Code: 300595).

According to data from the Wabei New Third Board Research Institute, Mocular Medical’s primary business involves the research and development, production, and sales of ophthalmic medical devices, as well as the provision of ophthalmic medical software services.

The lead underwriter for Mocular Medical's current issuance isSouthwest Securities(Stock Quote 600369, Stock Analysis), the legal advisor is Beijing Tianyuan (Hangzhou) Law Firm.