other material
confidence high
sentiment neutral
materiality 0.30
Dyne Therapeutics suspends ATM offering; had raised $92.2M from prior sales
Dyne Therapeutics, Inc.
- Company notified Jefferies it suspended and terminated the ATM prospectus dated Nov 17, 2021.
- Sales agreement remains in effect; no further sales until a new prospectus is filed.
- As of Jan 4, 2024, sold 7,943,148 shares for aggregate gross proceeds of $92.2 million.