InflaRx Announces Pricing of $30 Million Public Offering of Ordinary Shares and Pre-Funded Warrants
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InflaRx N.V. announced a $30 million public offering of ordinary shares and pre-funded warrants, with shares priced at $2.00 each. The offering is expected to close on February 18, 2025.
February 14, 2025 | 3:00 am
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InflaRx N.V. is conducting a $30 million public offering of ordinary shares and pre-funded warrants, priced at $2.00 per share. This move could impact the stock price as it increases the number of shares available in the market.
The public offering increases the number of shares available, which can lead to a dilution of existing shares and potentially put downward pressure on the stock price in the short term. The offering is significant at $30 million, indicating a substantial increase in share supply.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100