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CRISPR Therapeutics Announces $280 Million Registered Direct Offering

Key Takeaway: CRISPR Therapeutics Announces $280 Million Registered Direct Offering
Price reaction · baseline $76.44 (2024-02-12 close) · hit after-hours · 1 other CRSP headline(s) in the window, move may be shared
day 0 close
-4.8%
day 1
+3.4%
day 3 · peak
+7.6%

BiopharmaWatch Analysis

From our catalyst data and publicly available data · not financial advice
Best trade, last catalyst
+60%
120-day peak, hindsight
Typical move
2.4%
average across 2 past catalysts
Cash runway
~84 mo
Minimal dilution risk
Lead asset
CTX340
Phase 1 · Hypertension

Full Press Release Details

CRISPR Therapeutics Announces $280 Million Registered Direct Offering.
Last updated: Feb 13, 2024