Benitec Biopharma shares are trading higher. The company announced a $30 million public offering of 15,544,041 shares of its common stock and accompanying warrants at $1.93 per share.
Portfolio Pulse from Benzinga Newsdesk
Benitec Biopharma has announced a $30 million public offering of 15,544,041 shares of its common stock and accompanying warrants at $1.93 per share. This has led to a rise in the company's share price.
August 09, 2023 | 5:50 pm
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Benitec Biopharma's stock price is trading higher following the announcement of a $30 million public offering.
The announcement of a public offering typically leads to an increase in the company's share price as it indicates a potential influx of capital. This is reflected in the rise of Benitec Biopharma's share price.
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