NewAmsterdam Pharma Announces Commencement of $300 Million Public Offering of Ordinary Shares and Pre-Funded Warrants
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NewAmsterdam Pharma has announced a $300 million public offering of ordinary shares and pre-funded warrants. The offering is aimed at raising funds for the company's development of non-statin medicines for cardiovascular disease. The offering's completion is subject to market conditions.
December 10, 2024 | 9:45 pm
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NewAmsterdam Pharma is initiating a $300 million public offering of shares and pre-funded warrants to fund its cardiovascular disease treatments. The offering's success depends on market conditions.
The announcement of a public offering typically leads to a short-term decrease in stock price due to dilution concerns. The offering's success is contingent on market conditions, adding uncertainty.
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