Ascendis Pharma slips after $300 mln share offering launch
** U.S.-listed shares of Ascendis Pharma ASND.O down 4.3% at $142.50 in extended trading as co seeks equity raise
** Denmark-based biopharma announces $300 mln offering of American depositary shares (ADSs)
** JP Morgan, Morgan Stanley, Evercore and Goldman Sachs are jt bookrunners
** On Mon, ASND shares closed up ~17% at $139.57 after co said its achondroplasia therapy TransCon CNP met main goal in trial to treat dwarfism
** Shares finished 1.6% higher at $148.88 on Weds
** With ~58.2 mln shares outstanding, co has roughly $8.7 bln market value, per LSEG data
** U.S.-listed shares up ~18% YTD and up about 50% over the past 12 months
(Lance Tupper is a Reuters market analyst. The views expressed are his own)
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