Cartesian Therapeutics shares are trading lower. The company announced it entered into a private investment in a public equity financing of approximately $130 million.
Portfolio Pulse from Benzinga Newsdesk
Cartesian Therapeutics shares are trading lower following the announcement of a $130 million private investment in public equity financing.
July 02, 2024 | 12:24 pm
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Cartesian Therapeutics shares are trading lower after the company announced a $130 million private investment in public equity financing.
The announcement of a significant private investment in public equity financing often leads to dilution concerns among existing shareholders, causing the stock price to drop.
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