Aditxt shares are trading lower after the company announced a $10 million private placement priced at-the-market under Nasdaq rules.
Portfolio Pulse from Benzinga Newsdesk
Aditxt announced a $10 million private placement priced at-the-market under Nasdaq rules, leading to a decrease in its share price.
September 01, 2023 | 1:35 pm
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Aditxt's shares are trading lower after the company announced a $10 million private placement.
The announcement of a private placement often leads to a decrease in share price as it dilutes the value of existing shares. In this case, Aditxt's shares are trading lower following the announcement of a $10 million private placement.
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