Shares of Oculus Innovative Sciences (OCLS -22%) get hammered after pricing a 7.5M share...

|About: Oculus Innovative Sciences,... (OCLS)|By:, SA News Editor

Shares of Oculus Innovative Sciences (OCLS -22%) get hammered after pricing a 7.5M share offering at $0.40, a 25% discount to yesterday's closing price. The company announced its intention to offer stock after yesterday's close, but didn't detail the number of shares or the price. The commercial healthcare company currently has around 37.4M shares outstanding.