Mineralys Therapeutics Announces Proposed Public Offering of Common Stock
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Mineralys Therapeutics, Inc. (Nasdaq: MLYS) announced a proposed public offering of $250 million in common stock, with an option for underwriters to purchase an additional $37.5 million. The offering's completion is subject to market conditions.
March 10, 2025 | 8:15 pm
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Mineralys Therapeutics is initiating a $250 million public offering of common stock, potentially increasing to $287.5 million with underwriters' options. This move could impact stock prices depending on market conditions.
The announcement of a public offering typically leads to a short-term decrease in stock price due to dilution concerns. The offering's completion is contingent on market conditions, adding uncertainty.
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