Hepion Pharmaceuticals Announces $5M Registered Direct Offering and Concurrent Private Placement
Portfolio Pulse from Benzinga Newsdesk
Hepion Pharmaceuticals has announced a $5M registered direct offering and concurrent private placement.
September 29, 2023 | 12:05 pm
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Hepion Pharmaceuticals has announced a $5M registered direct offering and concurrent private placement, which could dilute existing shareholders.
The announcement of a $5M registered direct offering and concurrent private placement by Hepion Pharmaceuticals could lead to dilution of existing shareholders. This could potentially lead to a decrease in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100