Mineralys Therapeutics Announces Pricing of $175.0 Million Underwritten Public Offering of Common Stock
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Mineralys Therapeutics, Inc. has announced the pricing of a $175 million underwritten public offering of common stock, with shares priced at $13.50 each. The offering is expected to close on March 13, 2025.
March 12, 2025 | 2:30 am
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Mineralys Therapeutics is conducting a $175 million public offering of common stock, pricing shares at $13.50. 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 dilute existing shares and potentially lead to a short-term decrease in stock price. The offering's size and pricing are significant, making it highly relevant to investors.
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