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upsized $350 mln equity raise","url":"https://stock-news.laohu8.com/highlight/detail?id=2507636416","media":"Reuters","labels":["shareholding"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2507636416?lang=en_us&edition=fundamental","pubTime":"2025-01-29 22:07","pubTimestamp":1738159650,"startTime":"0","endTime":"0","summary":"**  Shares of Akero Therapeutics AKRO.O up 1.8% premarket to $52.39 after co raises more equity than targeted. ** Co late Tues said sold ~7.3 mln shares, including ~2 mln pre-funded warrants, at $48 for approx $350 mln gross proceeds. ** On Mon, AKRO shares surged 97.5% to $51.71 after co said its lead drug, efruxifermin, showed it can help reverse scarring in patients with type of fatty liver disease known as metabolic dysfunction-associated steatohepatitis . ** Shares on Tues edged down 0.5% and closed at $51.47 as co marketed $300 mln offering. ** Co has ~69.8 mln shares outstanding for $3.6 bln market cap, per LSEG. ** JP Morgan, Morgan Stanley and Jefferies are jt bookrunners for the offering. ** Separately, 89Bio ETNB.O raised $250 mln of equity to fund its MASH drug 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Stock And Pre-Funded WarrantsJan 28 (Reuters) - 89Bio Inc ETNB.O:89BIO, INC. ANNOUNCES PRICING OF $250.0 MILLION PUBLIC OFFERING OF ","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250129:nTUA8X3KMG:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"shareholding","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4139","BK4585","ETNB"],"gpt_icon":0},{"id":"2507771975","title":"89Bio, Inc. 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Announces Pricing of $250.0 Million Public Offering of Common Stock and Pre-Funded Warrants","url":"https://stock-news.laohu8.com/highlight/detail?id=2507577412","media":"Dow Jones","labels":["shareholding"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2507577412?lang=en_us&edition=fundamental","pubTime":"2025-01-29 11:31","pubTimestamp":1738121460,"startTime":"0","endTime":"0","summary":"SAN FRANCISCO, Jan. 28, 2025  -- 89bio, Inc.  , a clinical-stage biopharmaceutical company focused on the development and commercialization of innovative therapies for the treatment of liver and cardiometabolic diseases, today announced the pricing of its previously announced upsized underwritten public offering of 21,671,428 shares of its common stock at a public offering price per share of $8.75 and, in lieu of common stock to a certain investor, pre-funded warrants to purchase up to 6,900,000 shares of its common stock at a public offering price of $8.749. The pre-funded warrants have an exercise price of $0.001 per share and are exercisable immediately. In addition, 89bio has granted the underwriters of the offering an option for a period of 30 days to purchase up to an additional 4,285,714 shares of its common stock at the public offering price, less the underwriting discounts and commissions. The gross proceeds of the offering to 89bio, before deducting the underwriting discounts","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"shareholding","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["ETNB","BK4585","BK4139"],"gpt_icon":0},{"id":"2506351385","title":"89bio Launches $250 Million Securities Offering -- Shares Down After Hours","url":"https://stock-news.laohu8.com/highlight/detail?id=2506351385","media":"MT Newswires Live","labels":["shareholding"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2506351385?lang=en_us&edition=fundamental","pubTime":"2025-01-28 06:37","pubTimestamp":1738017425,"startTime":"0","endTime":"0","summary":"89bio  said late Monday it launched a public offering of $250 million in common shares or, in lieu of shares, pre-funded warrants to purchase such shares.The company expects to grant a 30-day overallotment option to the underwriters to acquire up to $37.5 million of additional shares.89bio plans to use the net proceeds to fund ongoing clinical activities and development of pegozafermin, among others.The company's shares were down 2% in after-hours activity.","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"shareholding","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["ETNB","BK4585","BK4139"],"gpt_icon":0},{"id":"2506384545","title":"BUZZ-89bio slides on stock offering to fund MASH drug","url":"https://stock-news.laohu8.com/highlight/detail?id=2506384545","media":"Reuters","labels":["shareholding"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2506384545?lang=en_us&edition=fundamental","pubTime":"2025-01-28 05:56","pubTimestamp":1738014966,"startTime":"0","endTime":"0","summary":"**  Shares of 89Bio ETNB.O down 6.2% post-market to $8.44 as co looks to raise equity. ** ETNB shares closed up ~26% at $9 on Mon, getting a boost after Akero Therapeutics AKRO.O said its lead drug, efruxifermin, showed it can help reverse scarring in patients with type of fatty liver disease known as metabolic dysfunction-associated steatohepatitis .AKRO shares ended session on Mon up 97.5% at $51.71. ** After the bell, ETNB commences $250 mln offering comprised of stock and pre-funded warrants to fund its lead candidate, pegozafermin, to treat MASH. ** Goldman Sachs, Leerink and BofA lead bookrunners. ** Co has ~117.58 mln shares outstanding for ~$1.1 bln market cap, per LSEG. ** ETNB shares, which have risen for past six sessions, up 15.1% YTD. ** Separately, AKRO launched $300 mln stock offering after the 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Announces Proposed Underwritten Public Offering of Common Stock and Pre-Funded Warrants","url":"https://stock-news.laohu8.com/highlight/detail?id=2506058715","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2506058715?lang=en_us&edition=fundamental","pubTime":"2025-01-28 05:12","pubTimestamp":1738012345,"startTime":"0","endTime":"0","summary":null,"market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250127:nTUA5CQWTX:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["BK4139","ETNB","BK4585"],"gpt_icon":0},{"id":"2506558082","title":"89bio, Inc. Announces Proposed Underwritten Public Offering of Common Stock and Pre-Funded Warrants","url":"https://stock-news.laohu8.com/highlight/detail?id=2506558082","media":"GlobeNewswire","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2506558082?lang=en_us&edition=fundamental","pubTime":"2025-01-28 05:12","pubTimestamp":1738012320,"startTime":"0","endTime":"0","summary":"SAN FRANCISCO, Jan. 27, 2025  -- 89bio, Inc.  , a clinical-stage biopharmaceutical company focused on the development and commercialization of innovative therapies for the treatment of liver and cardiometabolic diseases, today announced that it has commenced an underwritten public offering of $250.0 million of shares of its common stock or, in lieu of common stock to certain investors that so choose, pre-funded warrants to purchase shares of its common stock. In addition, 89bio is expected to grant the underwriters of the offering an option for a period of 30 days to purchase up to an additional $37.5 million of shares of its common stock at the public offering price, less the underwriting discounts and commissions. The proposed public offering is subject to market and other conditions, and there can be no assurance as to whether or when the offering may be completed or as to the actual size or terms of the offering. All of the securities to be sold in the offering are being offered by","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/89bio-inc-announces-proposed-underwritten-211200269.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["BK4139","ETNB","BK4585"],"gpt_icon":0},{"id":"2506130058","title":"Akero's Stock Skyrockets 112% After Game-Changing Liver Drug Data","url":"https://stock-news.laohu8.com/highlight/detail?id=2506130058","media":"GuruFocus.com","labels":["dataReport"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2506130058?lang=en_us&edition=fundamental","pubTime":"2025-01-28 01:13","pubTimestamp":1737998014,"startTime":"0","endTime":"0","summary":"Akero Therapeutics  just flipped the script on the MASH treatment market. Shares surged 112% this morning after jaw-dropping Phase 2b data showed its drug, efruxifermin , could actually reverse cirrhosisa condition long believed to be irreversible. The breakthrough crushed fears that Eli Lilly and Novo Nordisk's GLP-1 drugs would dominate the space, reigniting confidence in targeted therapies. With 39% of patients in the trial showing fibrosis reversalmore than double the placebo groupthe data isn't just good, it's game-changing. Jefferies wasted no time reaffirming its Buy rating with a $50 price target, while some analysts think Akero could hit $75 if Phase 3 trials confirm the results.GuruFocus has detected 3 Warning Signs with AKRO.Meanwhile, not every biotech is celebrating. Keros Therapeutics just hit a roadblock, pausing parts of its Phase 2 TROPOS trial due to unexpected safety concerns. Biotech stocks are a rollercoaster, but Akero's stunning data is proof that when a breakthr","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/akeros-stock-skyrockets-112-game-171334490.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"2","news_top_title":null,"news_tag":"dataReport","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["EFX","BK4585","BK4505","AKRO","ETNB","BK4123","BK4588","BK4139"],"gpt_icon":0},{"id":"2506301314","title":"Akero Therapeutics Stock Doubles on Liver Data -- Barrons.com","url":"https://stock-news.laohu8.com/highlight/detail?id=2506301314","media":"Dow Jones","labels":["dataReport"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2506301314?lang=en_us&edition=fundamental","pubTime":"2025-01-27 23:57","pubTimestamp":1737993420,"startTime":"0","endTime":"0","summary":"Shares of Akero Therapeutics more than doubled in response to startlingly positive data on its liver drug efruxifermin, which the biotech said reversed liver scarring in patients with advanced cases of the condition known as MASH.The data appeared to slam the door on the idea that the advent of the GLP-1 drugs from Eli Lilly and Novo Nordisk would eliminate demand for drugs specifically intended to treat MASH, or metabolic dysfunction-associated steatohepatitis.Data from Lilly last year had shown that tirzepatide, the drug sold under the brand names Zepbound and Mounjaro, could be an effective treatment for MASH. That sent shares of companies working on MASH drugs tumbling, on the theory that Zepbound and Mounjaro would swallow the market.The new results on Akero's efruxifermin, however, appear to be unprecedented. They point to a significant market opportunity.Compensated cirrhosis can be managed, but isn't generally considered reversible. In Akero's trial, however, 39% of patients tr","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"2","news_top_title":null,"news_tag":"dataReport","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["LU1280957306.USD","LLY","LU1023059063.AUD","BK4533","IE00BFTCPJ56.SGD","LU0823416689.USD","LU2237443382.USD","LU2237443549.SGD","BK4585","LU0154236417.USD","LU1064131342.USD","SGXZ99366536.SGD","LU0882574055.USD","LU1917777945.USD","NVO","IE00BK4W5L77.USD","LU2491050154.USD","LU0097036916.USD","SG9999001176.USD","IE00B4R5TH58.HKD","LU0058720904.USD","LU0096364046.USD","LU0203201768.USD","LU0820561909.HKD","LU2237443465.HKD","SGXZ57979304.SGD","BK4534","SG9999014898.SGD","IE0004445239.USD","LU1366192091.USD","SG9999015978.USD","LU2237443895.HKD","BK4505","LU2089984988.USD","IE0009355771.USD","SG9999014906.USD","SG9999001176.SGD","IE00BJJMRZ35.SGD","LU1974910355.USD","LU0122379950.USD","LU0385154629.USD","SG9999018865.SGD","IE00BZ1G4Q59.USD","LU1551013342.USD","LU1868837136.USD","LU0708995401.HKD","AKRO","LU0466842654.USD","LU1868836757.USD","ETNB"],"gpt_icon":1},{"id":"2506308445","title":"Nasdaq Dips 3%; Chicago Fed National Activity Index Rises In December","url":"https://stock-news.laohu8.com/highlight/detail?id=2506308445","media":"Benzinga","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2506308445?lang=en_us&edition=fundamental","pubTime":"2025-01-27 22:43","pubTimestamp":1737989032,"startTime":"0","endTime":"0","summary":" ","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.benzinga.com/25/01/43233976/nasdaq-dips-3-chicago-fed-national-activity-index-rises-in-december","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["AKRO","BK4585","BK4587","TQQQ","BK4557","QLD","ELAB","IE00BKPKM429.USD","NDAQ","JG","USAW.SI","BK4023","BK4584","NHLD","IE00BGHQF748.EUR","BK4505","ALLK",".IXIC","LU2210149790.SGD","ETNB","MNQmain","LU2210150020.SGD","TSYW.SI","IE00B64PRP62.GBP","IE00B3QW5Z07.USD","BK4139","USJW.SI","PSQ","BK4183","LU2095319765.USD","NVIW.SI","QID","BK4112","BK4588","NQmain","VERU","SQQQ"],"gpt_icon":1},{"id":"2505516278","title":"89bio Price Target Maintained With a $29.00/Share by HC Wainwright & Co.","url":"https://stock-news.laohu8.com/highlight/detail?id=2505516278","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2505516278?lang=en_us&edition=fundamental","pubTime":"2025-01-21 21:20","pubTimestamp":1737465600,"startTime":"0","endTime":"0","summary":"Ratings actions from Benzinga: https://www.benzinga.com/quote/ETNB/analyst-ratings \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  January 21, 2025 08:20 ET (13:20 GMT)","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["rate"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["ETNB"],"gpt_icon":0}],"pageSize":16,"totalPage":6,"pageCount":3,"totalSize":87}]}}