Late Monday, Tarsus Pharmaceuticals Announced The Commencement Of An Underwritten Public Offering Of $100M, Price Terms Were Not Disclosed
Portfolio Pulse from Benzinga Newsdesk
Tarsus Pharmaceuticals has announced the commencement of an underwritten public offering of $100 million. The price terms of the offering were not disclosed.
August 01, 2023 | 12:38 pm
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Tarsus Pharmaceuticals is commencing a $100 million underwritten public offering. The price terms have not been disclosed.
The announcement of a public offering can have mixed effects on a company's stock. On one hand, it can lead to dilution of shares, which can negatively impact the stock price. On the other hand, it can also provide the company with additional capital for growth. The lack of disclosed price terms makes it difficult to predict the exact impact on Tarsus Pharmaceuticals' stock.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100