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LENZ Therapeutics (LENZ) has issued an announcement.
LENZ Therapeutics, Inc. has struck a deal with Ridgeback Capital Investment, L.P. for a private sale of over 1.5 million shares at $19 each, aiming to raise around $30 million. The shares, which are not yet registered under U.S. securities laws, are expected to be sold by July 17, 2024, with conditions. Additionally, LENZ Therapeutics plans to file for a resale registration of these shares with the SEC within 60 days post-closing, ensuring compliance and resale ability for the investor. The announcement was made public via a press release on July 15, 2024.
For a thorough assessment of LENZ stock, go to TipRanks’ Stock Analysis page.
