financetom
Business
financetom
/
Business
/
Akero Therapeutics Starts $300 Million Stock Offering
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Akero Therapeutics Starts $300 Million Stock Offering
Jan 27, 2025 2:57 PM

05:42 PM EST, 01/27/2025 (MT Newswires) -- Akero Therapeutics ( AKRO ) said Monday it has started an underwritten public offering of $300 million of shares, with J.P. Morgan, Morgan Stanley and Jefferies as book-running managers.

The underwriters will be given a 30-day option to buy up to an additional $45 million of shares, the clinical-stage company said.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
BP's Q3 Underlying Earnings, Revenue Fall
BP's Q3 Underlying Earnings, Revenue Fall
Nov 3, 2024
06:06 AM EDT, 10/29/2024 (MT Newswires) -- BP (BP) reported Q3 underlying earnings Tuesday of $0.83 per American depositary share, down from $1.15 a year earlier. Analysts polled by Capital IQ expected $0.79. Revenue for the quarter ended Sept. 30 was $48.33 billion, down from $54.02 billion a year earlier. Two analysts polled by Capital IQ expected $45.04 billion. Price:...
FC Private Equity Realty Management Corp. and Telsec Property Corp Launched All-Cash Mini-Tender Offer For Trust Units of Melcor REIT
FC Private Equity Realty Management Corp. and Telsec Property Corp Launched All-Cash Mini-Tender Offer For Trust Units of Melcor REIT
Nov 3, 2024
06:13 AM EDT, 10/29/2024 (MT Newswires) -- FC Private Equity Realty Management Corp. and Telsec Property Corporation overnight Monday formally commenced their offer to acquire up to 1,296,316 participating trust units of Melcor Real Estate Investment Trust (MR-UN.TO) from holders thereof other than Melcor Developments Ltd. ( MODVF ) and any related party of Melcor REIT or Melcor Developments (...
Trump Media & Technology Group Shares Advance Premarket, Extending Gains After Trump's Campaign Rally
Trump Media & Technology Group Shares Advance Premarket, Extending Gains After Trump's Campaign Rally
Nov 3, 2024
06:08 AM EDT, 10/29/2024 (MT Newswires) -- Trump Media & Technology Group ( DJT ) shares were up more than 10% premarket Tuesday, extending gains that followed former President Donald Trump's campaign rally on Sunday. Shares of the company closed Monday's trading session with over a 21% increase. Price: 52.19, Change: +4.83, Percent Change: +10.20 ...
Commerzbank on Overnight News
Commerzbank on Overnight News
Nov 3, 2024
06:14 AM EDT, 10/29/2024 (MT Newswires) -- Commerzbank in its European Sunrise note of Tuesday highlighted: Markets: United States Treasuries trade sideways, e-minis fall further in Asia, Asian equities trade mixed. Key foreign exchange pairs widely unchanged, yen recovers. Gold edges higher, Brent falls below $71.5/barrel. US: Treasury estimates $546 billion net borrowing for Q4 ($19 billion lower than July's...
Copyright 2023-2026 - www.financetom.com All Rights Reserved