Aethlon Medical Announces Pricing Of $4.7M Public Offering For 8.1M Shares Of Common Stock, Class A And B Warrants At $0.58 Per Share
Portfolio Pulse from Benzinga Newsdesk
Aethlon Medical has announced the pricing of a public offering for 8.1 million shares of common stock, along with Class A and B warrants, at $0.58 per share.
May 15, 2024 | 1:19 pm
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Aethlon Medical has priced a public offering of 8.1 million shares of common stock and Class A and B warrants at $0.58 per share.
The issuance of new shares typically dilutes existing shareholders' equity, which can lead to a short-term decrease in the stock price. The offering price of $0.58 per share may also set a new reference point for the stock's value.
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