NewAmsterdam Pharma Announces Closing of Upsized $479.0 Million Public Offering of Ordinary Shares and Pre-Funded Warrants, Including Full Exercise of the Underwriters' Option to Purchase Additional Shares
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NewAmsterdam Pharma has successfully closed an upsized $479 million public offering of ordinary shares and pre-funded warrants, including the full exercise of the underwriters' option to purchase additional shares. This move is aimed at supporting the company's development of non-statin medicines for cardiovascular disease.
December 13, 2024 | 10:30 pm
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NewAmsterdam Pharma completed a $479 million public offering, including full exercise of underwriters' option, to fund its development of non-statin cardiovascular treatments.
The successful closing of the $479 million public offering, including the full exercise of the underwriters' option, provides NewAmsterdam Pharma with significant capital to advance its development of non-statin medicines for cardiovascular disease. This is likely to be viewed positively by investors as it strengthens the company's financial position and supports its strategic goals.
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