Beam Therapeutics Announces Pricing of Underwritten Offering
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Beam Therapeutics has announced the pricing of an underwritten offering of its common stock and pre-funded warrants, expecting to raise approximately $500 million. The offering is set to close on March 11, 2025.
March 10, 2025 | 10:15 am
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Beam Therapeutics is conducting an underwritten offering of common stock and pre-funded warrants, expecting to raise $500 million. This move could impact the stock price due to dilution concerns.
The offering involves a significant number of shares and pre-funded warrants, which could lead to stock dilution. This often results in a short-term negative impact on the stock price as the market adjusts to the increased share count.
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