Disc Medicine Announces Proposed Public Offering of Common Stock and Pre-Funded Warrants
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Disc Medicine, Inc. (NASDAQ: IRON) announced a proposed public offering of $200 million in common stock and pre-funded warrants, with an option for underwriters to purchase an additional $30 million. The offering is subject to market conditions.
January 21, 2025 | 9:15 pm
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Disc Medicine is proposing a $200 million public offering of common stock and pre-funded warrants, with an additional $30 million option for underwriters. This could impact the stock price based 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 completion is subject to market conditions, adding uncertainty. The additional $30 million option for underwriters could further impact the stock if exercised.
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