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0 -0.00114678899082566 0 0.00462155963302755 0.0206422018348624 0.0172018348623854 0.0263761467889909 0.0263761467889909
Stock impact report

89bio, Inc. Announces Proposed Underwritten Public Offering of Common Stock and Pre-Funded Warrants [Yahoo! Finance]

89bio, Inc. (ETNB) 
Last 89bio, inc. earnings: 3/18 04:05 pm Check Earnings Report
Company Research Source: Yahoo! Finance
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 $100 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 $15 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 89bio. 89bio intends to use the net proceeds from this proposed offering to fund ongoing clinical activiti Show less Read more
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