Immutep Announced A$80M Fully Underwritten Equity Raising, Priced At A$0.26/New Share
Portfolio Pulse from Charles Gross
Immutep announced an A$80 million fully underwritten equity raising, priced at A$0.26 per new share. The US-listed company IMMP is mentioned in the article.
May 30, 2023 | 11:46 pm
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NEUTRAL IMPACT
Immutep's A$80 million equity raising at A$0.26 per new share may impact the stock price of US-listed IMMP.
Immutep's equity raising announcement is directly related to the US-listed company IMMP. The A$80 million equity raising at A$0.26 per new share may impact the stock price of IMMP in the short term. However, the direction of the impact is uncertain as it depends on how the market perceives the news and the company's use of the raised funds.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100