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Stock impact report

Oragenics Shares Tumble Premarket After Stock Offering [MarketWatch]

Oragenics Inc. (OGEN) 
NASDAQ:AMEX Investor Relations: ir.oragenics.com
Company Research Source: MarketWatch
The Sarasota, Fla., company said it is selling 1.4 million shares at $1.50 apiece, well below Tuesday's closing price of $2.45. Advertisement Oragenics, which had about 3.08 million shares outstanding before the offering, said it will use proceeds from the offering to fund the continued development of its ONP-002, proposed treatment for concussions. Oragenics shares were recently down 42% to $1.43 in premarket trading. Write to Colin Kellaher at colin.kellaher@wsj.com Show less Read more
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