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RegMed investors (RMi) Research Note: Intellia Therapeutics (NTLA) prices offering of 6.25 million shares priced at $45.80

December 1, 2022 6:56am

NTLA closed up +$3.46 or 7.21% at $51.46 with an pre-open market pricing of -$3.68 or -7.15%.

Goldman Sachs & Co. LLC is acting as the sole underwriter for the proposed offering. The offering is subject to market and other conditions, and there can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering.

More to come … gross proceeds could be as much as $300 million

The Bottom Line: Stats

52-week change: -55.11%

52-week high of $130.33 and a low of $37.08

Shares Outstanding: 78.68 million shares

Float: 73.7 million shares

Short Percentage (%) of Float: 9.66%

Cash Position: $828.19 million

Total Debt: $97.65 million

35 companies, 1 interpreter!

Insight, foresight and recommendation

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Editor and Publisher ... Henry McCusker enters his tenth (10th) year at RegMed Investors with past experience in sell-side analysis, buy-side management, corporate management and due diligence.

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The information included above as well as individual companies and/or securities mentioned should be construed as guidance in RMi reviews.

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