Why Is Taysha Gene Therapies (TSHA) Stock Down 14% Today?
TSHATaysha Gene Therapies(TSHA) Investor Place·2024-06-26 20:36

Taysha Gene Therapies (NASDAQ:TSHA) stock is taking a beating on Wednesday after the gene therapy company announced a proposed public offering for its shares. Taysha Gene Therapies says that it intends to offer up to $75 million worth of TSHA stock in this offering. The company hasn’t nailed down how many shares will be included or what they will be priced at. What we do know is that it also intends to offer pre-funded warrants for certain investors. On top of that, underwriters have a 30-day option to acqu ...