ImmunityBio, Inc. Announces Proposed Public Offering of Common Stock
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ImmunityBio, Inc. plans a public offering of its common stock, with an option for underwriters to purchase additional shares.
December 10, 2024 | 9:45 pm
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ImmunityBio, Inc. is planning a public offering of its common stock, which may lead to a short-term decrease in stock price due to potential dilution.
The announcement of a public offering typically leads to a short-term decrease in stock price due to the dilution of existing shares. The option for underwriters to purchase additional shares further increases the potential for dilution.
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