Moleculin Biotech Files For Mixed Shelf Offering Of Up To $200M
Portfolio Pulse from Benzinga Newsdesk
Moleculin Biotech has filed for a mixed shelf offering of up to $200 million, according to an SEC filing. This move allows the company to raise capital through the sale of various types of securities.
June 07, 2024 | 9:18 pm
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Moleculin Biotech has filed for a mixed shelf offering of up to $200 million, which could lead to dilution of existing shares but also provides the company with capital for growth and operations.
The mixed shelf offering allows Moleculin Biotech to issue various types of securities, which could dilute existing shares. However, the raised capital can be used for growth and operational needs, which might benefit the company in the long term.
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