Sarah Reed

Apr 15, 2024 | rapport.bio | Peter Kolchinsky |Sarah Reed

April 15, 2024Companies are free to confidentially share data or other non-public information with investors of their choosing and complete a financing (such as a private investment in public equity, aka a PIPE) with those investors before publicly disclosing the data or other information, even the fact that the company is raising money in the first place. How is this fair?