other material
confidence high
sentiment neutral
materiality 0.30
Rhythm Pharmaceuticals files prospectus for resale of 3.1M shares by selling stockholders
RHYTHM PHARMACEUTICALS, INC.
- Registration covers up to 3,124,995 common shares held by certain stockholders to satisfy registration rights.
- Shares issuable upon conversion of Series A Convertible Preferred Stock sold on April 15, 2024 for $150M.
- Legal opinion of Latham & Watkins filed as Exhibit 5.1 and incorporated into S-3ASR registration statement.