Kura Oncology Announces Commencement Of $100M Public Offering Of Common Stock And Pre-Funded Warrants
Portfolio Pulse from Benzinga Newsdesk
Kura Oncology has announced the commencement of a $100 million public offering of common stock and pre-funded warrants. This move aims to raise capital for the company's ongoing operations and development.
June 13, 2023 | 8:03 pm
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Kura Oncology's $100 million public offering of common stock and pre-funded warrants may lead to short-term dilution of existing shares.
The commencement of the $100 million public offering of common stock and pre-funded warrants by Kura Oncology will increase the number of outstanding shares, which may lead to short-term dilution of existing shares. This could negatively impact the stock price in the short term.
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