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DewDiligence

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DewDiligence

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Re: DewDiligence post# 187041

Tuesday, 03/31/2015 9:25:48 AM

Tuesday, March 31, 2015 9:25:48 AM

Post# of 252987
ICPT raises $389M*(!) selling 1.38M* shares at $281.67—a 5% discount to yesterday’s close:

http://finance.yahoo.com/news/intercept-pharmaceuticals-announces-pricing-public-131313983.html

ICPT’s most recent financing, which raised ~$200M, was less than two months ago (#msg-110567946), but now—immediately following Genfit’s mishap—is a good time to raise again.

In summary, ICPT has now raised almost $600M in two months!

*Assuming exercise of underwriter’s option.

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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