On June 16, Absci Corp Entered Into A Sales Agreement Under Which Co May Offer And Sell Shares Of Its Common Stock Of Up To $100M
Portfolio Pulse from Benzinga Newsdesk
Absci Corp has entered into a sales agreement to potentially offer and sell shares of its common stock worth up to $100 million, according to an SEC filing.
June 16, 2023 | 8:29 pm
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NEUTRAL IMPACT
Absci Corp's sales agreement to offer and sell shares worth up to $100 million may impact its stock price.
Absci Corp's decision to enter into a sales agreement to offer and sell shares worth up to $100 million may have a short-term impact on its stock price. The news is directly related to the company's equity actions and stock prices. However, the exact direction of the impact is uncertain, as it depends on various factors such as market conditions, investor sentiment, and the company's financial performance.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100