Third Harmonic Bio Inc Files For Mixed Shelf Of Up To $400M
Portfolio Pulse from Benzinga Newsdesk
Third Harmonic Bio Inc has filed for a mixed shelf offering of up to $400 million, according to an SEC filing.
October 02, 2023 | 8:05 pm
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Third Harmonic Bio Inc's filing for a mixed shelf offering of up to $400 million could potentially dilute existing shares, impacting the stock price.
A mixed shelf offering allows a company to issue various types of securities, such as stocks and bonds, up to a certain amount over a specified period. This could lead to dilution of existing shares, potentially causing the stock price to drop in the short term.
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