Chembio Diagnostics (CEMI -0.2%) says it's closed its previously announced 1.2M share public...


Chembio Diagnostics (CEMI -0.2%) says it's closed its previously announced 1.2M share public offering, pricing the block at $5 per share. The net proceeds of the offering totaled approximately $5.45M, for which the company intends to use for business expansion and working capital. Craig-Hallum Capital was the sole book-runner.

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