Dianthus rises on proposed $400 million underwritten public offering
US biotech Dianthus Therapeutics (Nasdaq: DNTH) saw its shares leap 21.5% to $79.23 yesterday, after it announced that it has commenced an underwritten public offering of $400 million of shares of its common stock or, in lieu of common stock to certain investors that so choose, pre-funded warrants to purchase shares of its common stock.
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