Nyxoah Raises $27M Through At-the-Market Offering Via Sale Of 3M Shares
Portfolio Pulse from Benzinga Newsdesk
Nyxoah has raised $27 million through an at-the-market offering by selling 3 million shares. This move is likely to impact the company's stock price in the short term.
October 07, 2024 | 9:05 pm
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Nyxoah raised $27 million by selling 3 million shares through an at-the-market offering. This equity action could lead to short-term stock price fluctuations.
The sale of 3 million shares through an at-the-market offering increases the supply of shares, which can lead to a decrease in stock price due to dilution. This is a significant equity action that investors should monitor closely.
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