PepGen Inc Files For Mixed Shelf Of Up To $300M
Portfolio Pulse from Benzinga Newsdesk
PepGen Inc has filed for a mixed shelf offering of up to $300 million, according to an SEC filing.
June 02, 2023 | 8:17 pm
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PepGen Inc filed for a mixed shelf offering of up to $300 million, which may impact its stock price.
PepGen Inc's filing for a mixed shelf offering of up to $300 million may impact its stock price. The offering could lead to dilution of existing shares, but it also provides the company with additional capital for growth and expansion. The short-term impact on the stock price is uncertain, hence the neutral score.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100