Oculis Holding shares are trading lower after the company announced the pricing of a $40.25 million public offering of ordinary shares.
Portfolio Pulse from Benzinga Newsdesk
Oculis Holding announced the pricing of a $40.25 million public offering of ordinary shares, causing its shares to trade lower.
June 01, 2023 | 2:42 pm
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Oculis Holding's shares are trading lower after announcing a $40.25 million public offering of ordinary shares.
Oculis Holding announced the pricing of a $40.25 million public offering of ordinary shares, which has led to a decline in its share price. This is due to the dilution of existing shares, which can negatively impact the stock price in the short term.
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