Day One Biopharmaceuticals Files For Offering Of Up To 12.1M Shares By The Selling Stockholders
Portfolio Pulse from Benzinga Newsdesk
Day One Biopharmaceuticals has filed with the SEC for an offering of up to 12.1 million shares by selling stockholders. This move could impact the company's stock price as it may affect supply and demand dynamics.
August 28, 2024 | 8:14 pm
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Day One Biopharmaceuticals is filing for an offering of up to 12.1 million shares by selling stockholders. This could lead to a short-term decrease in stock price due to increased share supply.
The offering of 12.1 million shares by selling stockholders could increase the supply of shares in the market, potentially leading to a decrease in the stock price due to supply-demand dynamics. This is a significant equity action that investors should monitor closely.
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