Reported Earlier, Immatics Prices $150M Public Offering Of 16.25M Common Shares At $9.25/Share
Portfolio Pulse from Benzinga Newsdesk
Immatics has announced a public offering of 16.25 million common shares priced at $9.25 per share, aiming to raise $150 million.
October 11, 2024 | 6:24 am
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Immatics is conducting a public offering of 16.25 million shares at $9.25 each, aiming to raise $150 million.
The public offering could lead to a short-term decrease in stock price due to dilution of existing shares. However, the raised capital might be used for growth, which could be positive in the long term.
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