Atara Biotherapeutics May Offer, Sell, From Time To Time Common Shares Par Value $0.0001 Per Share With Offering Price Of Up To $100M
Portfolio Pulse from Charles Gross
Atara Biotherapeutics plans to offer and sell common shares with a par value of $0.0001 per share, with an offering price of up to $100M.
November 01, 2023 | 8:57 pm
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Atara Biotherapeutics is planning a common share offering of up to $100M. This could dilute existing shares, potentially impacting the stock price.
Atara Biotherapeutics' plan to offer and sell common shares could lead to dilution of existing shares. This could potentially lower the stock price in the short term as the value of existing shares may decrease. However, the funds raised could be used for beneficial company activities, which could have a positive impact in the long term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100