NRX Pharmaceuticals shares are trading lower after the company announced the pricing of a $2 million underwritten public offering.
Portfolio Pulse from Benzinga Newsdesk
NRX Pharmaceuticals announced the pricing of a $2 million underwritten public offering, leading to a decrease in its share price.
April 18, 2024 | 7:10 pm
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NRX Pharmaceuticals' share price has decreased following the announcement of a $2 million underwritten public offering.
Public offerings often lead to a decrease in share price due to the dilution of existing shares. The announcement of a $2 million underwritten public offering by NRX Pharmaceuticals has led to a decrease in its share price, reflecting investor concerns over dilution.
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