Curis Said May Offer, Sell Shares Of Common Stock From Time To Time In One Or More Offerings Of Up To $300M In Aggregate Offering Price
Portfolio Pulse from Charles Gross
Curis Inc. has announced plans to potentially offer and sell shares of its common stock in one or more offerings, with the total aggregate offering price reaching up to $300 million. This move is detailed in their S-3 filing.
February 08, 2024 | 9:35 pm
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Curis Inc. is considering offering and selling shares of its common stock, which could total up to $300 million in aggregate offering price according to their S-3 filing.
The announcement of a potential offering and sale of shares by Curis Inc. could lead to a dilution of existing shares, which typically results in a negative short-term impact on the stock price. The size of the offering, up to $300 million, is significant and could lead to concerns about dilution among investors.
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