Newamsterdam Pharma Company N.V. (NAMS) has disclosed a new risk, in the Corporate Activity and Growth category.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Newamsterdam Pharma Company N.V. faces significant business risks as it will lose its emerging growth company status by December 31, 2024, resulting in the inability to benefit from reduced disclosure requirements under the JOBS Act. This transition is expected to increase the company’s legal and financial compliance costs due to more stringent reporting obligations. The resultant financial burden and the potential difficulty in maintaining investor interest could adversely affect the company’s stock price and market activity. The company must navigate these challenges while managing investor perceptions and ensuring compliance with the new requirements.
The average NAMS stock price target is $36.20, implying 66.21% upside potential.
To learn more about Newamsterdam Pharma Company N.V.’s risk factors, click here.