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Stock impact report

Humacyte stock dips after pricing stock offering to raise $40.2M [Seeking Alpha]

Humacyte, Inc. (HUMA) 
Company Research Source: Seeking Alpha
The offering comprises 13.4M shares of HUMA common stock, issued at a price of $3.00 each. Humacyte ( HUMA ) has granted the underwriters an option for a period of 30 days to purchase up to an additional 2,010,000 shares at the same price. Net proceeds from the offering will be used for continued advancement of Humacyte's ( HUMA ) regenerative medicine pipeline; to support U.S. Food and Drug Administration's review of its biologics license application for bioengineered human acellular vessels in urgent arterial repair following extremity vascular trauma; to establish its initial commercial infrastructure in anticipation of future potential commercial launches; and for general corporate purposes. The offering is expected to close on or about March 5, 2024, subject to the satisfaction of customary closing conditions. Recommended For You Recommended For You About HUMA Stock Related Stocks Trending Analysis Trending News Show less Read more
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