Movano Health Plans To Sell Shares Via Public Offering; Terms Not Disclosed
Portfolio Pulse from Benzinga Newsdesk
Movano Health plans to raise funds through a public offering for general corporate purposes, including product development and commercialization activities. The terms of the offering have not been disclosed.
June 12, 2023 | 8:07 pm
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Movano Health's public offering may impact its stock price as the company raises funds for product development and commercialization.
The public offering will raise funds for Movano Health, which may impact the stock price. However, the terms of the offering have not been disclosed, making it difficult to predict the exact impact on the stock price. The funds will be used for product development and commercialization, which could potentially lead to future growth.
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