Ascentage Pharma $200 million at-the-market offering
We advised the sales agents on the offering
Davis Polk advised the sales agents in connection with the SEC-registered at-the-market offering of Ascentage Pharma Group International of its American depositary shares for up to an aggregate amount of $200 million. The ADSs are listed on the Nasdaq Global Market under the symbol “AAPG.”
Ascentage Pharma is a global, commercial-stage, integrated biopharmaceutical company engaged in the discovery, development and commercialization of novel, differentiated therapies to address unmet medical needs in cancer. Ascentage Pharma is dual listed on the HKEX and Nasdaq.
The Davis Polk corporate team included partners Xuelin (Steve) Wang and Jason Xu, counsel – registered foreign lawyer Xin (Sheen) Xu, counsel Vanessa Chan, associate Michelle Chow and registered foreign lawyer Linfei Li. Members of the Davis Polk team are based in the Hong Kong and Beijing offices.