- Ventyx Biosciences (NASDAQ:VTYX) said that stockholders will sell 11,174,000 shares that were sold and issued to the selling stockholders in a private placement pursuant to a stock purchase agreement dated March 6, 2024, which closed on March 11, 2024.
- The selling stockholders may sell all or a portion of their shares through public or private transactions at prevailing market prices or at privately negotiated prices.
- The company will not receive any proceeds from the sale.
- The stock price dropped 2.8% to $4.90 on Wednesday during pre-market hours of trading.
- Source: Form S-3
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