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IPO Detail
02592 撥康視雲-B
CLOUDBREAK-B
Listing Date2025/07/03    Listed Today
Listing Price10.100
 
Quote
  • 6.200 -3.900 (-38.614%)    Sink Below Listing Price
  • 15-min delayed, last update: 03/07/2025 17:59
Subscription Result
  • Subscription Rate
    78.78x
  • Guarantee One Lot Size
    50 lot
  • One Lot Success Rate
    5%
COMPANY PROFILE

Cloudbreak Pharma Inc. is a clinical-stage ophthalmology biotechnology company dedicated to the development of various treatments. The Group have developed two proprietary technology platforms, namely, multi-kinase inhibitor and antibody-drug synergism platforms, designed for developing drug candidates targeting anterior and posterior ophthalmic diseases, respectively.

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The Group have two Core Products, CBT-001 and CBT-009, both of which are being proprietarily developed, and its other drug candidates are in relatively earlier development stage, including two other clinical-stage drug candidates, which are CBT-006 and CBT-004, and four pre-clinical stage drug candidates, which are CBT-007, CBT-199, CBT-145, and CBT-011. As of 18 June 2025, the Group had 60 granted patents and 168 pending patent applications worldwide.

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The Group’s Core Product CBT-001 is indicated for the treatment of pterygium, and it have commenced phase 3 multi-regional clinical trial in the United States and China in June 2022 and September 2023 respectively for it. The Group’s Core Product CBT-009 is indicated for the treatment of juvenile myopia, and it have completed the phase 1/2 clinical trial in January 2023 and submitted the investigational new drug application to the United States Food and Drug Administration in July 2024 for it.

BASIC INFORMATION
MarketHong Kong (Main Board)
Business NatureHealth Care
Major Business AreaChina
Board Lot500
GLOBAL OFFERING
No. of Offer Shares60.58M shares
No. of International Offer Shares48.47M shares
No. of HK Offer Shares12.12M shares
Offer Price$10.10
Stock Code2592
Sponsor(s)CCB International Capital Limited, Huatai Financial Holdings (Hong Kong) Limited
Underwriter(s)CCB International Capital Limited, Huatai Financial Holdings (Hong Kong) Limited, BOCI Asia Limited, BOCOM International Securities Limited, China Galaxy International Securities (Hong Kong) Co., Limited, China Industrial Securities International Capital Limited, CMBC Securities Company Limited, CMB International Capital Limited, First Shanghai Securities Limited, Fosun International Securities Limited, Huafu International Securities Limited, ICBC International Securities Limited, Livermore Holdings Limited, Patrons Securities Limited, Quam Securities Limited, Ruibang Securities Limited, Soliton Securities Limited, SPDB International Capital Limited, uSmart Securities Limited
TIME TABLE
Application PeriodJun 24 (Tue) - noon, Jun 27 (Fri)
Price Determination Date--
Result Announcement DateOn or before Jul 02 (Wed)
Result Announcement DateOn or before Jul 02 (Wed)
Result Announcement DateOn or before Jul 03 (Thu)
Dealings in Shares commence onJul 03, 2025. (Thu)
Reallocation of Shares Offered
Times of HK Offer Shares Subscription15X - 50X50X - 100XOver 100X
% of total shares reallocated to HK Offer30%40%50%
Sales Statistics (HKD)
Offer Price$10.10
Capitalization8.47B
NAV / share ($)$1.02 (Unaudited pro forma adj NAV / share)
Use Of Proceeds
Assuming the offer price being at HKD 10.1, the net proceeds raised would be HKD 522.20M, of which
62.4% : Clinical R&D activities registration filings and post-approval studies of Core Product, CBT-001
27.6% : Fund the continuing clinical R&D activities including costs and expenses of our R&D staffand R&D activities as well as registration filings of Core Product, CBT-009
5.5% : Funding the manufacturing facilities and commercialisation activities
4.5% : Working capital
Related Document
Remark: The above information is referenced from the prospectus.
  All data is calculated from the non- exercise rights(if applicable).
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