Tharimmune shares are trading lower after the company announced that it entered into an ATM Agreement with Rodman & Renshaw to sell common stock at market price.
Portfolio Pulse from Benzinga Newsdesk
Tharimmune shares are trading lower after the company announced an ATM Agreement with Rodman & Renshaw to sell common stock at market price.
June 10, 2024 | 4:09 pm
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NEGATIVE IMPACT
Tharimmune shares are trading lower following the announcement of an ATM Agreement with Rodman & Renshaw to sell common stock at market price.
The announcement of an ATM Agreement to sell common stock at market price typically signals potential dilution of existing shares, leading to a negative market reaction.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100