This Is Why CRISPR Therapeutics Stock Is Tumbling on Tuesday [Yahoo! Finance]
CRISPR Therapeutics AG - Common Shares (CRSP)
Last crispr therapeutics ag - common shares earnings: 8/7 05:01 pm
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Source: Yahoo! Finance
Just a few dollars away from rekindling a budding recovery effort, shares of biotechnology outfit CRISPR Therapeutics (NASDAQ: CRSP) were instead upended today. As of 3:21 p.m. ET Tuesday this stock is down just over 12% on news that the organization is not only taking on new debt, but is doing so in a way that could eventually dilute the value of existing shareholders' stakes Fundraising hurts Biotech start-up CRISPR Therapeutics made the announcement this morning. That is, it intends to sell $350 million worth of convertible notes to raise funds for "general corporate purposes." The notes in question will mature in early 2031, if they're not redeemed, repurchased, or converted into new shares of common stock in the meantime. The accredited buyer(s) also have the option to purchase an additional $52.5 million worth of this convertible debt. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable M
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CRSP
News
- Investors Heavily Search CRISPR Therapeutics AG (CRSP): Here is What You Need to Know [Yahoo! Finance]Yahoo! Finance
- CRISPR Therapeutics (CRSP) Reports $116M FY25 Revenue Driven by CASGEVY Growth [Yahoo! Finance]Yahoo! Finance
- CRISPR Therapeutics Prices Upsized Convertible Senior Notes Offering [Yahoo! Finance]Yahoo! Finance
- CRISPR Therapeutics Prices Upsized Convertible Senior Notes OfferingGlobeNewswire
- CRISPR Therapeutics Raises US$350m As Undervalued Shares Draw Investor Focus [Yahoo! Finance]Yahoo! Finance
CRSP
Earnings
- 2/12/26 - Miss
CRSP
Sec Filings
- 3/12/26 - Form 4
- 3/12/26 - Form 4
- 3/11/26 - Form 8-K
- CRSP's page on the SEC website