BUZZ-Rocket Pharmaceuticals falls after upsized $165 mln stock offering

Reuters
2024-12-11
BUZZ-Rocket Pharmaceuticals falls after upsized $165 mln stock offering

** Shares of gene therapy developer Rocket Pharmaceuticals RCKT.O fall 3.9% to $12.98 premarket

** RCKT sold 13.2 mln shares in an upsized public offering at $12.50/shr for gross proceeds of $165 mln

** Offering size was boosted from the $150 mln worth of shares announced on Tuesday, priced at a 7.5% discount to stock's last close of $13.51

** Additionally, on Tuesday, life sciences investment firm RTW had agreed to purchase pre-funded warrants representing the right to purchase $5 mln worth of RCKT shares in a concurrent private placement

** Morgan Stanley, Leerink Partners and Cantor were the joint book-running managers for the offering

** RCKT had 91.2 mln outstanding shares as of Sept. 30, according to an SEC filing, giving it a $1.23 bln market capitalization as of most recent closing price

** As of last close, RCKT shares down 54.9% YTD

(Reporting by Arasu Kannagi Basil in Bengaluru)

((ArasuKannagi.Basil@thomsonreuters.com;))

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10