Aurinia Pharmaceuticals Inc (AUPH)

[Ganz]

If you guys read form F10 on Aurinia’s website, it gives a really good incite into marketing, distributing and bringing the company into the U.S.You can see by the form Auph is positioning the company for success, check it out.
Also, I found a good article from Jim Cramer on these types of offerings:

With interest rates at or near historic lows, “Companies have been issuing equity to either pay down debt or to refinance it with cheaper debt that carries a lower interest rate,” Cramer said.

“The money saved on those interest payments falls straight to the bottom line improving the health of the balance sheet. In turn shares rally.”

As an example, Cramer pointed out the many secondaries recently made by REITs. Ultimately those secondaries proved to be beneficial to shareholders.

“That’s because the money the companies raised was used to pay down expensive debt or to refinance it with cheaper debt that carried a lower interest rate,” Cramer added.

And the secondaries had other bullish effects, too.

“In some cases, the ratings agencies upgraded the firms because they carried less debt. In turn, the upgrade prod