Daré Bio down 23% on pricing stock offering

|About: Daré Bioscience, Inc. (DARE)|By:, SA News Editor

Daré Bioscience (NASDAQ:DARE) prices its public offering of 4,575,000 common shares at $1.10 per share.

Underwriters over-allotment is an additional 686,250 shares.

Net proceeds of ~$4.4M will be used for working capital and general corporate purposes.

Closing date is April 11.

Shares are down 23% premarket.

Previously: Daré Bio launches equity offering; shares down 19% after hours (April 8)

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