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-0.0086633663366337 -0.0086633663366337 0.113861386138614 0.175742574257426 0.25 0.25 0.24009900990099 0.25
Stock impact report

Larimar Therapeutics Announces Proposed Underwritten Public Offering

Larimar Therapeutics, Inc. (LRMR) 
Company Research Source: GlobeNewswire
BALA CYNWYD, Pa., Feb. 13, 2024 (GLOBE NEWSWIRE) -- Larimar Therapeutics, Inc. (“Larimar”) (Nasdaq: LRMR), a clinical-stage biotechnology company focused on developing treatments for complex rare diseases, today announced that it has commenced an underwritten public offering of shares of its common stock and, in lieu of shares of common stock to certain investors that so choose, pre-funded warrants to purchase shares of common stock. In addition, Larimar expects to grant the underwriters a 30-day option to purchase up to an additional 15% of the securities to be sold in the proposed offering at the public offering price, less underwriting discounts and commissions. All shares of common stock and pre-funded warrants in the proposed offering are to be sold by Larimar. The proposed offering is subject to market and other conditions, and there can be no assurance as to whether or when the offering may be completed, or the actual size or terms of the proposed offering. Leerink Partner Show less Read more
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