BiomX Files For Shelf Of Up To 31.8M Shares Of Common Stock
Portfolio Pulse from Benzinga Newsdesk
BiomX has filed for a shelf offering of up to 31.8 million shares of common stock, according to an SEC filing.
June 02, 2023 | 8:04 pm
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NEUTRAL IMPACT
BiomX's filing for a shelf offering of up to 31.8 million shares of common stock may impact the stock price of PHGE in the short term.
BiomX's filing for a shelf offering of up to 31.8 million shares of common stock may lead to dilution of existing shares, which could impact the stock price of PHGE. However, the exact impact on the stock price will depend on market conditions and investor sentiment.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100