scPharmaceuticals Announces Proposed Underwritten Public Offering of Common Stock and Pre-Funded Warrants, Details Not Disclosed
Portfolio Pulse from Benzinga Newsdesk
scPharmaceuticals has announced a proposed underwritten public offering of common stock and pre-funded warrants. The details of the offering have not been disclosed.
August 12, 2024 | 10:10 am
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scPharmaceuticals has announced a proposed underwritten public offering of common stock and pre-funded warrants. The details of the offering have not been disclosed.
The announcement of a public offering typically leads to a short-term decline in stock price due to potential dilution of existing shares. The lack of disclosed details adds uncertainty, which may further pressure the stock.
CONFIDENCE 90
IMPORTANCE 80
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