Investing.com South Africa Market update
Silence Therapeutics closes $201.3M public offering By Investing.com
Silence Therapeutics plc (NASDAQ:SLN) has successfully closed an underwritten public offering, raising approximately $201.3 million. The offering included 14,907,407 American Depositary Shares at $13.50 per ADS, with underwriters fully exercising their option for additional shares. The gross proceeds will support the clinical-stage biotechnology company in its development of short interfering RNA therapies.