Mustang Bio Announces Closing of $8 Million Public Offering
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Mustang Bio, Inc. has closed an $8 million public offering, issuing 2,657,807 shares and accompanying warrants. The offering price was $3.01 per share, with warrants exercisable upon stockholder approval.
February 10, 2025 | 1:15 pm
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Mustang Bio completed an $8 million public offering, issuing shares and warrants at $3.01 each. This could provide the company with necessary capital for its operations and potentially impact its stock price.
The successful closing of the public offering provides Mustang Bio with additional capital, which is crucial for a clinical-stage company. This financial boost could positively influence investor sentiment and the stock price in the short term.
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