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DewDiligence

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DewDiligence

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Re: Mufaso post# 252283

Tuesday, 06/25/2024 7:01:20 PM

Tuesday, June 25, 2024 7:01:20 PM

Post# of 253145
ZEAL.CO sells 8.35M shares @DKK843/sh—(~$121)—a 4% premium to_yesterday’s_closing_price:

https://www.globenewswire.com/news-release/2024/06/25/2904185/0/en/Zealand-Pharma-announces-completion-of-an-upsized-equity-offering-of-8-35-million-new-ordinary-shares-raising-gross-proceeds-of-USD-1-billion-DKK-7-billion.html

Gross proceeds from the offering are $1.0B, implying net proceeds of approximately $940M. Wow.

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