Press Release

ImmuneOnco Biopharmaceuticals Announces HK$350.9 Million Placement of New Shares

October 16, 2025

Shanghai – October 16, 2025 – Cooley advised ImmuneOnco Biopharmaceuticals, a clinical-stage biotechnology company dedicated to the development of immuno-oncology therapies, on its HK$350.9 million placement of new shares under general mandate. ImmuneOnco Biopharmaceuticals placed 24,200,000 new H shares priced at HK$14.50 per share. UBS AG Hong Kong Branch acted as the sole overall coordinator, placing agent and capital market intermediary for the placement.

Cooley lawyers Yiming Liu, Michael Yu, Kaiting Yang, Yiying Wang and Cindy Pan led the Cooley team advising ImmuneOnco.

Cooley previously advised ImmuneOnco on its HK$319 million initial public offering in September 2023 and HK$234 million H share placement in November 2024.

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