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0 0.00141643059490082 -0.00283286118980176 0 -0.00283286118980176 -0.00141643059490082 -0.0195750708215298 -0.0113314447592068
Stock impact report

Humacyte Shares Rise 10% on Common Stock Offering [MarketWatch]

Humacyte, Inc. (HUMA) 
Company Research Source: MarketWatch
At 11:34 a.m. ET, shares were up 10% at $3.58. The stock has jumped 27% since the year started. Advertisement The biotechnology company said the deal is for the issuance and sale of 13.4 million shares of its common stock at a price of $3.00 per share. It also granted the underwriters an option to buy up to an additional 2 million shares. Net proceeds to Humacyte from the offering are expected to be about $37.4 million, or $43.1 million if the underwriters fully exercise the for additional shares. Humacyte said the offering is expected to close on March 5. Write to Sabela Ojea at sabela.ojea@wsj.com; @sabelaojeaguix Show less Read more
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