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DewDiligence

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DewDiligence

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Re: DewDiligence post# 243416

Friday, 08/26/2022 4:22:51 PM

Friday, August 26, 2022 4:22:51 PM

Post# of 257566
ENTA opens $100M ATM with Jefferies:

https://www.sec.gov/Archives/edgar/data/0001177648/000119312522231299/d396056d424b5.htm

ENTA had ~$330M of pro forma cash at 6/30/22 (#msg-169621212), so the ATM looks like a backup contingency in case ENTA decides to conduct the phase-2(/3) EDP-235 trial without a partner.

p.s. ENTA has never raised capital as a public company apart from its 2013 IPO. HCV milestones and royalties from ABBV have been sufficient to fund ENTA's operations.

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

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