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Benitec Biopharma Announces $100 Million Public Offering

Story Highlights
  • Benitec Biopharma announced a public and direct stock offering on November 5, 2025.
  • The offerings aim to raise $100 million to support product development and corporate purposes.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Benitec Biopharma Announces $100 Million Public Offering

Meet Your ETF AI Analyst

Benitec Biopharma ( (BNTC) ) has provided an announcement.

On November 5, 2025, Benitec Biopharma announced the pricing of a public offering of 5,930,000 shares of common stock and a concurrent registered direct offering of 1,481,481 shares, both priced at $13.50 per share. The offerings, expected to close on November 7, 2025, are projected to raise approximately $100 million in gross proceeds, which Benitec intends to use for the development of its product candidate programs and general corporate purposes. The underwriters, including Leerink Partners, TD Securities, and Evercore ISI, were granted a 30-day option to purchase an additional 889,500 shares. The offerings are part of Benitec’s strategy to strengthen its financial position and support its ongoing research and development efforts.

The most recent analyst rating on (BNTC) stock is a Buy with a $22.00 price target. To see the full list of analyst forecasts on Benitec Biopharma stock, see the BNTC Stock Forecast page.

Spark’s Take on BNTC Stock

According to Spark, TipRanks’ AI Analyst, BNTC is a Neutral.

Benitec Biopharma’s stock score is primarily driven by weak financial performance, reflected in large net losses and negative cash flow. The technical outlook is bearish, and valuation concerns arise from a negative P/E ratio. However, the recent positive corporate event provides a glimmer of potential growth, slightly boosting the score.

To see Spark’s full report on BNTC stock, click here.

More about Benitec Biopharma

Benitec Biopharma Inc. is a clinical-stage biotechnology company based in Hayward, California, focused on developing novel genetic medicines using its proprietary DNA-directed RNA interference (ddRNAi) platform. This technology, known as ‘Silence and Replace,’ combines RNA interference with gene therapy to create treatments that silence disease-causing genes while delivering replacement genes. The company targets chronic and life-threatening conditions, including Oculopharyngeal Muscular Dystrophy (OPMD).

Average Trading Volume: 93,373

Technical Sentiment Signal: Sell

Current Market Cap: $414.2M

For detailed information about BNTC stock, go to TipRanks’ Stock Analysis page.

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