Bullfrog AI Announces Pricing Of $5.7M Public Offering Of 1,507,139 Shares At $3.782/Share
Portfolio Pulse from Benzinga Newsdesk
Bullfrog AI has announced the pricing of its public offering, aiming to raise $5.7 million through the sale of 1,507,139 shares at a price of $3.782 per share.
February 01, 2024 | 2:01 pm
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Bullfrog AI's public offering of 1,507,139 shares at $3.782 aims to raise $5.7 million.
The announcement of a public offering at a specific price point indicates a significant event for Bullfrog AI, potentially affecting its stock price. However, the impact on the stock price could be neutral in the short term as the market absorbs the new shares and evaluates the company's valuation post-offering.
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