BeyondSpring Inc. announced that it has issued 1,129,628 common shares at a price of $13.500019 per share for gross proceeds of $15,249,999 on September 14, 2016. The transaction included participation from Epiphron Capital Fund I, L.P., a fund managed by Epiphron Capital, Beijing Huarong Sangel Venture Capital (Limited Partnership), a fund co-managed by Huarong Tianze Investment Co., Ltd. and returning investor Shenzhen Sangel Venture Capital Co., Ltd., Broad Resources Value and Growth, Suzhou Broad Resources Ling Long Private Equity (Limited Partnership) and certain individual investors, including the President of a Fosun subsidiary. Beijing Huarong Sangel Venture Capital (Limited Partnership) acquired 444,444 shares in the transaction.