argenx Raises $1.1B In Gross Proceeds In A Global Offering
Portfolio Pulse from Benzinga Newsdesk
argenx has raised approximately $1.1 billion in gross proceeds from a global offering. The company sold 1,580,981 ADSs at a price of $490.00 per ADS and 663,918 ordinary shares at a price of €436.37 per ordinary share.
July 19, 2023 | 4:52 am
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POSITIVE IMPACT
argenx's successful global offering, raising $1.1 billion, could potentially boost investor confidence and positively impact the company's stock price in the short term.
The successful raising of $1.1 billion through a global offering indicates strong investor interest in argenx. This could potentially lead to increased demand for the company's shares, driving up the stock price in the short term.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100