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Stock impact report

Guardion Health Sciences Announces Pricing of $5.2 Million Underwritten Public Offering

Guardion Health Sciences, Inc. (GHSI)  More Company Research Source: GlobeNewswire
PDF San Diego, CA, Aug. 13, 2019 (GLOBE NEWSWIRE) -- Guardion Health Sciences, Inc. (“Guardion” or the “Company”) (Nasdaq: GHSI), announced the pricing of an underwritten public offering of 13,000,000 shares of its common stock (or pre-funded warrants to purchase common stock in lieu thereof) and warrants to purchase up to 13,000,000 shares of the Company’s common stock. Each share of common stock is being sold together with one warrant to purchase one share of common stock at a combined price to the public of $0.40 per share and warrant. The shares of common stock or pre-funded warrants and the accompanying warrants can only be purchased together in this offering, but will be issued separately and will be immediately separable upon issuance. Gross proceeds, before underwriting discounts and commissions and estimated offering expenses, are expected to be approximately $5.2 million. The warrants will be immediately exercisable at a price of $0.52 per share of common stock and will expir [Read more]
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