Venaxis files $20M common stock shelf


Venaxis (APPY) shares plunge 9.8% pre-market after it files a shelf to sell up to $20M in common stock. (S-3)

If carried out in full, the issuance would dilute shares outstanding by ~48%.

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  • Fincher
    , contributor
    Comments (47) | Send Message
     
    It was actually green today for a moment, very bullish price action. quite surprising given the overall bearish momentum in biotech sector.
    23 Oct 2013, 11:21 AM Reply Like
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