Corbus Pharmaceuticals Enters Open Market Sale Agreement With Jefferies; Co. To Offer And Sell Common Stock Up To $127.50M Through Jefferies
-SEC Filing
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Why It Matters
Corbus Pharmaceuticals is selling more shares of the company through a bank called Jefferies to raise up to $127.50 million. When a company sells new shares, it means they need cash, which can help them grow—but it also means existing owners' pieces get a little smaller.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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