Theratechnologies Inc T.TH

Theratechnologies Announces US$40 Million Bought-Deal Public

[ggg088]

Who have good understanding for this news? - - - - Theratechnologies Announces US$40 Million Bought-Deal Public Offering of Units

[LowtoHigh]

I was going ask same thing lol. They priced their shares lower than today's close, significantly lower. Does this mean that the SP will drop this week to those levels $3.51...help me understand this. Thanks!

[FredTheVoice]

Lowtohigh; good question; some on this board will have better answers about the price of the deal. In 2018, the bought deal was the start of a very long dive for the share price..........14$C to........todays 4$C. The story is different.....today, my guess : this bought deal is the beggining of the UP-ROAD. Some will say that it was to fast.....that we could have wait for the share price to be

[LowtoHigh]

Thanks FTV, here's hoping. I was holding on to this with a Stop Market today after buying relatively low a couple months back. I was happy the sell did not trigger today at 3.90, but it seems now I took 10 steps back with this news. Guess I'm in for the long run now lol.

[LowtoHigh]

This may explain the discount. A bought deal is a securities offering in which an investment bank commits to buy the entire offering from the client company. A bought deal eliminates the issuing company’s financing risk, ensuring that it will raise the intended amount. However, the client firm will likely get a lower price by taking this approach instead of pricing it

[FredTheVoice]

We can see that its MACKIE............ FTV.