TELA Bio Begins Public Offering Of Shares Of Its Common Stock And Pre-funded Warrants; Actual Size Or Terms Not Disclosed
Portfolio Pulse from Benzinga Newsdesk
TELA Bio has announced a public offering of its common stock and pre-funded warrants. The company has not disclosed the actual size or terms of the offering. All shares and warrants are being offered by TELA.
October 22, 2024 | 8:14 pm
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TELA Bio is conducting a public offering of its common stock and pre-funded warrants, though the size and terms are not yet disclosed. This could lead to stock price volatility.
The announcement of a public offering typically leads to stock price volatility due to potential dilution and market speculation. However, without details on the size and terms, the exact impact is uncertain.
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