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Stock impact report

Pulmatrix down 26% premarket on pricing public offering of 23.5M units [Seeking Alpha]

Pulmatrix, Inc. (PULM) 
Last pulmatrix, inc. earnings: 8/5 09:00 am Check Earnings Report
US:NASDAQ Investor Relations: ir.pulmatrix.com
Company Research Source: Seeking Alpha
Pulmatrix down 26% premarket on pricing public offering of 23.5M unitsPulmatrix (NASDAQ:PULM)prices its public offering of 23.5M units, comprised of one share of common stock and one Series A and one Series B warrant to purchase one share of common stock, for the gross proceeds of ~$15.2M.Underwriters over-allotment is an additional 1.15M units.Each Series A and B warrant has an exercise price of $0.65 and $0.75 per share, respectively.Net proceeds will be used for R&D of its therapeutic candidates, as well as for working capital and general corporate purposes.Closing date is April 3.Shares are down26% premarket.See all stocks on the move »Now read:Zosano Pharma readies stock offering; shares down 25% premarket » Show less Read more
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