$GHRS

GH Research PLC

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GH Research Launches $200 Million At-the-Market Share Offering With Stifel

GH Research (GHRS) has initiated a $200 million at-the-market share offering with Stifel, Nicolaus & Company to sell ordinary shares, providing the company with flexible access to equity capital. This move is intended to bolster its balance sheet and fund ongoing operations, although it could lead to dilution for existing shareholders. The offering leverages existing registration statements for efficiency.

[6-K] GH Research PLC Current Report (Foreign Issuer) | GHRS SEC Filing - Form 6-K

GH Research PLC has announced an "at-the-market" equity offering sales agreement with Stifel, Nicolaus & Company to sell up to $200 million of ordinary shares. This offering will be conducted under an existing Form F-3 shelf registration. The company filed a prospectus supplement and an Irish legal opinion to support these potential sales, incorporating the report into several registration statements.

GH Research Raises $111 Million in Completed Share Offering to Fund Depression Pipeline

GH Research (GHRS) successfully completed an underwritten public offering, raising approximately $111.2 million by selling 6,527,779 ordinary shares at $18.00 each. The capital will be used to advance the company's depression therapies, including research, clinical development, and pre-commercialization efforts for treatment-resistant depression therapies. This equity raise reflects investor confidence in GH Research's pipeline despite its current lack of revenue and widening losses, partly offset by a strong balance sheet.