Ardelyx files $250M securities offering

Jan. 19, 2023 6:36 AM ETArdelyx, Inc. (ARDX)By: Preeti Singh, SA News Editor14 Comments
  • Biopharmaceutical firm Ardelyx (NASDAQ:ARDX) has filed to offer and sell up to a maximum aggregate offering price of $250M of its common stock, preferred stock, debt securities, warrants, and/or units.
  • Terms of the offering are yet to be determined.
  • The registration statement also contains a sales agreement prospectus supplement covering the offering of up to $150M of ARDX common stock from time to time under an open market sale agreement with Jefferies as sales agent.
  • ARDX shares fell over 2% in Thursday's premarket session

Recommended For You

Comments (14)

To ensure this doesn’t happen in the future, please enable Javascript and cookies in your browser.
Is this happening to you frequently? Please report it on our feedback forum.
If you have an ad-blocker enabled you may be blocked from proceeding. Please disable your ad-blocker and refresh.