Curis Announces $15.1M Registered Direct Offering
Portfolio Pulse from Benzinga Newsdesk
Curis, Inc. has announced a registered direct offering of $15.1 million. The proceeds will be used for general corporate purposes.
July 06, 2023 | 12:08 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Curis, Inc. has announced a registered direct offering of $15.1 million. This could potentially dilute the value of existing shares.
Registered direct offerings increase the number of shares in the market, which can dilute the value of existing shares. This could potentially lead to a decrease in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100