Genmab (GMAB) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Genmab A/S, a prominent player in the medical research field, has announced plans to expand its share capital by up to DKK 6.6 million by 2029, offering new shares both with and without pre-emption rights for existing shareholders. The company is also issuing warrants to employees, excluding executive management, and introducing convertible debt instruments as part of its growth strategy, all aimed at enhancing flexibility in capital management. These steps are designed to support Genmab’s continued innovation and expansion in the biotech sector.
For further insights into GMAB stock, check out TipRanks’ Stock Analysis page.
Trending Articles
- Long John Silver: Pirate, Mutineer, and Personal Finance Guru?
- ETH, ETHQ, ETHX: 3 Ethereum ETFs to Boost Portfolio Returns
- Class Action Lawsuit Against Elanco Animal Health Inc. (NYSE:ELAN)
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.