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NewAmsterdam Pharma Launches Public Offering for Growth

NewAmsterdam Pharma Launches Public Offering for Growth

NewAmsterdam Pharma Company (NAMS) has released an update.

NewAmsterdam Pharma Company N.V. has partnered with several underwriters, including Jefferies LLC and RBC Capital Markets, to launch a public offering of its shares and pre-funded warrants, resulting in an anticipated $188.8 million in net proceeds for the company after expenses. The offering includes over 4 million ordinary shares and warrants, with the underwriters also exercising an option to purchase additional shares. This capital raise, facilitated under a previously effective SEC registration statement, aims to support the company’s growth and development in the pharmaceutical industry.

For further insights into NAMS stock, check out TipRanks’ Stock Analysis page.

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