Asensus Surgical shares are trading lower after the company announced $10 million registered direct offering.
Portfolio Pulse from Benzinga Newsdesk
Asensus Surgical has announced a $10 million registered direct offering, leading to a decrease in its share price.

July 27, 2023 | 4:55 pm
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Asensus Surgical's stock price is trading lower after the company announced a $10 million registered direct offering.
The announcement of a registered direct offering often leads to a decrease in a company's stock price. This is because it increases the number of shares available, potentially diluting the value of existing shares. Asensus Surgical's announcement of a $10 million registered direct offering has led to a decrease in its share price, indicating a negative short-term impact.
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