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Biotech / Medical : 2024 Biotech Charity Contest

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To: technetium who wrote (45)2/27/2024 6:50:46 PM
From: technetium  Read Replies (1) of 195
 
VKTX offers ā€œ$350.0 million of shares of its common stock. Viking also intends to grant the underwriters a 30-day option to purchase up to an additional $52.5 million of shares of its common stock. All of the shares of common stock to be sold in the proposed offering are to be sold by Viking. The proposed offering is subject to market and other conditions, and there can be no assurance as to whether or when the proposed offering may be completed, or as to the actual size or terms of the proposed offering.ā€

Strike while the iron is hot. I’d read rumors that they might get bought out if results were good, but this amount of $ should keep them going solo for a while.

finance.yahoo.com
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