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DewDiligence

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DewDiligence

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Re: DewDiligence post# 191414

Tuesday, 05/19/2015 8:55:33 PM

Tuesday, May 19, 2015 8:55:33 PM

Post# of 257262
MNTA sells 8.34M* shares @$19.00—a 6% discount to Monday’s closing price:

http://finance.yahoo.com/news/momenta-pharmaceuticals-announces-pricing-public-235144962.html

The offering will raise approximately $149M* in net proceeds, giving MNTA a pro forma cash balance of $386M less whatever has been burned since 5/3/15 (#msg-113313146).

MNTA will now have 75.5M* fully-diluted shares for valuation purposes (#msg-113786995).

*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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