Perspective Therapeutics Announces $87.4M Private Placement Of 92,009,981 Shares Of Its Common Stock At A Price Of $0.95 Per Share
Portfolio Pulse from Benzinga Newsdesk
Perspective Therapeutics, Inc. (NYSE:CATX), a radiopharmaceutical company, announced an $87.4M private placement of 92,009,981 shares at $0.95 each to institutional investors. The placement, facilitated by Oppenheimer & Co., B. Riley Securities, JonesTrading Institutional Services LLC, and LifeSci Capital, is set to close on March 6, 2024.
March 04, 2024 | 2:46 pm
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Perspective Therapeutics announces an $87.4M private placement at $0.95/share, expected to close on March 6, 2024.
The announcement of a significant private placement at the current closing price suggests strong institutional investor confidence in CATX, likely leading to a positive short-term impact on the stock price. The involvement of reputable placement agents further boosts investor confidence.
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