Esperion Therapeutics Commences Public Offering Of Shares Of Its Common Stock; No Terms Disclosed
Portfolio Pulse from Benzinga Newsdesk
Esperion Therapeutics has announced the commencement of a public offering of shares of its common stock. The terms of the offering have not been disclosed.
January 18, 2024 | 9:01 pm
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Esperion Therapeutics is initiating a public offering of its common stock, which may dilute current shareholders and could lead to a short-term decrease in stock price.
Public offerings often result in dilution of existing shares, which can lead to a decrease in stock price as the market absorbs the additional supply. The lack of disclosed terms adds uncertainty, which can also negatively impact the stock price in the short term.
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