aTyr Pharma (LIFE) announced a financing yesterday that diluted the company by approximately 45%. LIFE offered 22.225M shares of stock at a price of $2.25 to raise $50M, before any expenses. The offering was announced after LIFE had also received a $10M milestone from their Japanese partner Kyroin. After the financing, LIFE has 52M shares outstanding, a…
© 2024 Bohdan (Bo) Khomtchouk, Ph.D.
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