In a recent SEC filing, Tempest Therapeutics, Inc. submitted a Form S-3 registration statement. The significance of this filing lies in the company’s intention to register securities, which may include common stock, preferred stock, warrants, and/or rights. This provides Tempest Therapeutics with the flexibility to offer and sell these securities from time to time, in one or more offerings and in various amounts. The proceeds from such offerings could be used for general corporate purposes, including research and development activities, working capital, and potential acquisitions.
Tempest Therapeutics, Inc. is a clinical-stage biotechnology company focused on developing novel therapeutics that modulate anti-tumor immunity pathways. The company’s innovative approach aims to address unmet medical needs in cancer treatment by targeting both the innate and adaptive immune systems. With a diverse pipeline of potential therapies, Tempest Therapeutics is dedicated to advancing precision medicine in oncology. For more information about Tempest Therapeutics, visit their official website here.
Form S-3 is a simplified registration form used by companies to register securities for public offerings. This form is often utilized by well-known seasoned issuers (WKSIs) to streamline the process of issuing new securities. By filing an S-3 registration statement, Tempest Therapeutics, Inc. is positioning itself to access the public markets for potential future fundraising activities.
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Tempest Therapeutics, Inc. Files S-3 Form with SEC for Public Offering
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