Orgenesis shares are trading higher after the company agreed to issue and sell in a private placement of 2 million shares at $0.50 per share.
Portfolio Pulse from Benzinga Newsdesk
Orgenesis has agreed to issue and sell 2 million shares at $0.50 per share in a private placement. This has led to an increase in the company's stock price.

September 05, 2023 | 5:19 pm
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POSITIVE IMPACT
Orgenesis's decision to issue and sell 2 million shares at $0.50 per share in a private placement has led to a rise in its stock price.
The decision to issue and sell shares often leads to an increase in a company's stock price as it indicates the company's confidence in its future prospects. In this case, Orgenesis's decision to issue and sell 2 million shares at $0.50 per share has led to a rise in its stock price, indicating positive investor sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100