Belite Bio Announces Proposed Underwritten Public Offering Of ADSs, Warrants; Size, Price Not Disclosed
Portfolio Pulse from Benzinga Newsdesk
Belite Bio announces a proposed underwritten public offering of American Depositary Shares (ADSs) and warrants, with the size and price yet to be disclosed.

May 30, 2023 | 8:04 pm
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NEUTRAL IMPACT
Belite Bio's proposed underwritten public offering of ADSs and warrants may impact its stock price, with the size and price still undisclosed.
Belite Bio's announcement of a proposed underwritten public offering of ADSs and warrants may have a short-term impact on its stock price. However, the size and price of the offering have not been disclosed, making it difficult to predict the direction of the impact. As a result, the score is neutral.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100