Immunome Announces Pricing of Upsized Public Offering of Common Stock
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Immunome, Inc. has announced the pricing of an upsized public offering of 19,354,839 shares of its common stock at $7.75 per share, aiming to raise significant capital for its cancer therapy developments.
January 30, 2025 | 4:30 am
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Immunome has priced an upsized public offering of its common stock, selling 19,354,839 shares at $7.75 each. This move is expected to raise significant capital for the company.
The announcement of a public offering typically leads to a short-term decrease in stock price due to dilution of existing shares. The offering is significant in size, which may amplify this effect. However, the raised capital could be beneficial for long-term growth.
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