- Nano cap Titan Pharmaceuticals (TTNP -51%) slumps on an 8x surge in volume in early trade in reaction to its public offering of 40M Units at $0.225 per Unit.
- Each Unit consists of one common share (or pre-funded warrant) and one five-year Class B Warrant to purchase one common share at $0.225.
- Underwriters over-allotment is an additional 6M common shares and/or Class B Warrants to purchase up to 6M shares.
- Closing date is October 18.
- Yesterday's close was $0.370.
Titan Pharma down 51% after pricing equity offering
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Symbol | Last Price | % Chg |
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TTNP | - | - |
Titan Pharmaceuticals, Inc. |