Revelation Biosciences Files $50M Mixed-Securities Shelf
Portfolio Pulse from Benzinga Newsdesk
Revelation Biosciences has filed a $50 million mixed-securities shelf offering, which allows the company to sell various types of securities over time. This move provides the company with flexibility to raise capital as needed.

July 19, 2024 | 8:04 pm
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Revelation Biosciences has filed a $50 million mixed-securities shelf offering, which allows the company to sell various types of securities over time. This move provides the company with flexibility to raise capital as needed.
The mixed-securities shelf offering gives Revelation Biosciences the ability to raise capital as needed, which can be positive for the company's financial flexibility. However, the impact on the stock price in the short term is neutral as it depends on how and when the securities are issued.
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