Nyxoah Announces Pricing Of $50M Public Offering Of 5,374,755 Of Its Ordinary Shares At An Offering Price Of $9.25 (€8.54) Per Share
Portfolio Pulse from Benzinga Newsdesk
Nyxoah SA (NASDAQ: NYXH) announced the pricing of a $50 million public offering of 5,374,755 ordinary shares at $9.25 per share. The offering includes a 30-day option for underwriters to purchase an additional 806,213 shares. The offering is expected to close on May 28, 2024.
May 23, 2024 | 2:03 pm
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Nyxoah SA has announced a $50 million public offering of its ordinary shares at $9.25 per share. The offering includes a 30-day option for underwriters to purchase additional shares. The offering is expected to close on May 28, 2024.
The announcement of a public offering typically leads to a short-term decrease in stock price due to dilution of existing shares. The offering price of $9.25 per share may also set a near-term price ceiling.
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