NuCana Files For Mixed Shelf Offering Of Up To $150M
Portfolio Pulse from Benzinga Newsdesk
NuCana has filed for a mixed shelf offering of up to $150 million, according to an SEC filing. This move allows the company to raise capital through the sale of various types of securities.
August 15, 2024 | 8:39 pm
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NuCana has filed for a mixed shelf offering of up to $150 million, which will allow the company to raise capital through the sale of various types of securities.
The mixed shelf offering allows NuCana to raise capital, which can be used for various corporate purposes. While this can be positive for the company's financial flexibility, it may also lead to dilution of existing shares, leading to a neutral short-term impact on the stock price.
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