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GH Research ( (GHRS) ) has issued an update.
On February 6, 2025, GH Research PLC, a Dublin-based company, completed an offering of 10,000,000 ordinary shares. This offering was managed by underwriters Cantor Fitzgerald & Co. and Stifel, Nicolaus & Company, who also received an option to purchase an additional 1,500,000 shares within 30 days. The transaction is expected to generate approximately $139.8 million in proceeds for GH Research, which plans to use these funds for research and development, capital expenditures, and general corporate purposes. This move is likely to enhance the company’s strategic investment capacity and operational growth.
More about GH Research
YTD Price Performance: 89.63%
Average Trading Volume: 350,991
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $780.4M
For detailed information about GHRS stock, go to TipRanks’ Stock Analysis page.
