Reported Earlier, PMV Pharmaceuticals Priced An Underwritten Public Offering Of 22.055M Common Shares, Pre-funded Warrants For Up To 19.9M Shares, And Accompanying Warrants To Purchase Up To 41.955M Common Shares
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Why It Matters
PMV Pharmaceuticals is selling new shares of the company to raise money. This means the company will have more cash, but existing shareholders will own a smaller piece of the whole company.
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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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