RAPT Therapeutics Announces $150 Million Private Placement
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RAPT Therapeutics has announced a $150 million private placement through the sale of common stock and pre-funded warrants. The transaction is expected to close by December 27, 2024.
December 23, 2024 | 12:30 pm
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RAPT Therapeutics is raising $150 million through a private placement of common stock and pre-funded warrants, which could provide significant capital for its operations and development projects.
The $150 million private placement will provide RAPT Therapeutics with substantial capital, likely supporting its ongoing and future projects. This influx of funds is positive for the company's financial health and could lead to increased investor confidence, potentially driving the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100