Company: ZLAB
Filing Date: 2025-02-27
Form Type: 10-K
Source: 0001628280-25-008409
Chunk: 22

Company: Zai Lab Ltd
Filing Date: 2025-02-27
Form: 10-K
Item: Item 16
Chunk 22
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— — — — 49,330 —— 49,330 Balance at December 31, 2022962,455,8506 2,893,120 (1,861,360)25,685 (2,236,280)(11,856)1,045,595 Issuance of ordinary shares upon vesting of restricted shares8,178,5000 0 — — — — — Exercise of share options6,516,9200 2,548 — — — — 2,548 Receipt of shares netted to satisfy tax withholding obligations related to share-based compensation——— — — (2,675,920)(8,980)(8,980)Share-based compensation——79,634 — — — — 79,634 Net loss——— (334,620)— — — (334,620)Foreign currency translation——— — 11,941 — — 11,941 Balance at December 31, 2023977,151,2706 2,975,302 (2,195,980)37,626 (4,912,200)(20,836)796,118 Issuance of ordinary shares upon vesting of restricted shares10,120,2600 0 — — —— — Exercise of share options5,147,1400 3,269 — — —— 3,269 Issuance of ordinary shares upon follow-on public offering, net of issuance cost of $2,27790,196,0701 215,073 — — — — 215,074 Share-based compensation—— 70,651 — — —— 70,651 Net loss—— — (257,103)— —— (257,103)Foreign currency translation—— — — 12,889 —— 12,889 Balance at December 31, 20241,082,614,7407 3,264,295 (2,453,083)50,515 (4,912,200)(20,836)840,898 

The accompanying notes are an integral part of these consolidated financial statements. “0” in above table means less than 1,000 dollars. 

F-8

Zai Lab