Rocket Pharmaceuticals Announces Proposed Public Offering Of ~$150M Of Common Stock Of
Portfolio Pulse from Benzinga Newsdesk
Rocket Pharmaceuticals has announced a proposed public offering of approximately $150 million of its common stock.

September 12, 2023 | 8:03 pm
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Rocket Pharmaceuticals' proposed public offering of its common stock could dilute existing shareholders' equity, potentially leading to a short-term decrease in stock price.
Rocket Pharmaceuticals' proposed public offering of its common stock could lead to equity dilution for existing shareholders. This often results in a decrease in the stock's price in the short term as the market adjusts to the increased number of shares. However, the long-term impact will depend on how the company uses the raised capital.
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