Was all 7mm+ a sale by & for the Co?
NPS issued the shares to Takeda in exchange for the worldwide rights to Gattex (instead of cash). Takeda is now selling them.
Normally, this sort of sale is greeted positively - as an overhang of stock for sale is removed.
NPS issued 6.1M shares for Takeda, not 7.4M.
Takeda's sale makes it easier for NPS to sell itself to someone else.