Relmada Therapeutics Files For Mixed Shelf Offering Of Up To $250M
Portfolio Pulse from Benzinga Newsdesk
Relmada Therapeutics has filed for a mixed shelf offering of up to $250 million, according to an SEC filing. This move allows the company to raise capital through the sale of various securities, which could include common stock, preferred stock, debt securities, and warrants.
August 30, 2024 | 8:30 pm
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Relmada Therapeutics has filed for a mixed shelf offering of up to $250 million. This could lead to stock dilution but also provides the company with flexibility to raise capital as needed.
The mixed shelf offering allows Relmada to issue various securities, which could lead to stock dilution if common stock is issued. However, it also provides the company with the ability to raise capital as needed, which can be beneficial for its operations and growth. The immediate market reaction might be negative due to potential dilution concerns.
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