Replies to post #1647 on RedHill Biopharma Ltd (RDHL)

[DorseyE]

RedHill files for $150M shelf offering

Jul. 24, 2019 12:38 PM ET|About: RedHill Biopharma Ltd. (RDHL)|By: Douglas W. House, SA News Editor
RedHill Biopharma (RDHL -3%) has filed a preliminary prospectus for a shelf offering of $150M of American Depositary Shares (ADSs), warrants to purchase ADSs, subscription rights and/or units.

Yesterday, it disclosed an agreement with Leerink for the sale of up to $60M of ADSs.