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Stock impact report

Is Spyre Therapeutics (SYRE) One of the Small-Cap Stocks That Are On Fire Right Now? [Yahoo! Finance]

Spyre Therapeutics, Inc. (SYRE) 
Company Research Source: Yahoo! Finance
closed an underwritten public offering, generating ~$463.5 million in gross proceeds. The final total reflects the full exercise of the underwriters' option to purchase an additional 975,000 shares, bringing the total number of shares of common stock sold to 7,475,000 at a public offering price of $62.00 per share. The company plans to use these funds to further its development of long-acting antibodies and combination therapies targeting inflammatory bowel disease/IBD and rheumatic conditions. The offering was managed by a consortium of major financial institutions, with Jefferies LLC, Goldman Sachs & Co. LLC, Evercore ISI, and Guggenheim Securities acting as joint book-running managers. LifeSci Capital LLC served as a passive bookrunner. Is Spyre Therapeutics (SYRE) One of the Small-Cap Stocks That Are On Fire Right Now? 15 States with the Best Healthcare in the US The transaction was conducted under a registration statement that became effective in February, with the final pros Show less Read more
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