GH Research Announces Pricing of $150 Million Public Offering
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GH Research PLC has announced the pricing of its public offering of 10 million ordinary shares at $15 each, aiming to raise $150 million. The offering is expected to close on February 6, 2025, with an option for underwriters to purchase an additional 1.5 million shares.
February 05, 2025 | 2:00 am
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GH Research PLC is conducting a public offering of 10 million shares at $15 each, potentially raising $150 million. This could lead to short-term stock price fluctuations as the market absorbs the new shares.
The public offering introduces a significant number of new shares to the market, which can lead to price volatility. However, the offering's success and the company's future prospects in depression treatment could stabilize or positively influence the stock price.
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