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Stock impact report

Coya Therapeutics Announces Proposed Public Offering of Common Stock

Coya Therapeutics, Inc. (COYA) 
Company Research Source: Business Wire
HOUSTON--(BUSINESS WIRE)--Coya Therapeutics, Inc. (NASDAQ: COYA) (“Coya” or the “Company”), a clinical-stage biotechnology company focused on developing biologics that enhance regulatory T cell (Treg) function in patients with neurodegenerative disorders, today announced that it intends to offer and sell shares of its common stock in an underwritten public offering. The Company also expects to grant the underwriters a 30-day option to purchase up to an additional 15% of the shares of its common stock offered in the proposed public offering at the public offering price per share, less underwriting discounts and commissions. The proposed public offering is subject to market and other conditions, and there can be no assurance as to whether or when the proposed public offering may be completed, or as to the actual size or terms of the offering.The Company intends to use the net proceeds from the proposed public offering for working capital and other general corporate purposes, includi Show less Read more
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