Zevra Therapeutics Announces Proposed Public Offering Of Common Stock; No Size Or Amount Disclosed
Portfolio Pulse from Benzinga Newsdesk
Zevra Therapeutics, Inc. (NASDAQ:ZVRA) has announced a proposed underwritten public offering of its common stock. The size and terms of the offering have not been disclosed, and the offering is subject to market conditions. Cantor and William Blair are acting as joint book-running managers.
August 08, 2024 | 9:05 pm
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Zevra Therapeutics has announced a proposed public offering of its common stock, with the size and terms yet to be disclosed. The offering is subject to market conditions.
The announcement of a public offering typically leads to a short-term decrease in stock price due to dilution concerns. The lack of disclosed size and terms adds uncertainty, which may further pressure the stock.
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