3D Medicines Inc. entered into the placing agreement to issue 2,150,000 placing shares at an issue price of HKD 108.00 per placing share for the gross proceeds of HKD 232,200,000 on July 14, 2023. The Placing Agent has agreed to place the Placing Shares on a best effort basis to not less than six placees. The Company undertakes to the Placing Agent that for a period of 90 days from the Closing Date.

The transaction is subject to the approval of stock exchange. The transaction is expected to close on July 21, 2023.