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DAWN - Day One Biopharmaceuticals stock slides on $125M share offering
Day One Biopharmaceuticals Inc.
Day One Biopharmaceuticals (NASDAQ:DAWN) shares dropped 13% pre-market after the biopharmaceutical company launched an underwritten public offering of $125M worth of shares of its common stock. Terms of the offering, including pricing, are yet to be disclosed. Underwriters may be granted a 30-day option to purchase up to an additional $18.75M of shares at the public offering price.