Aptose Biosciences Inc. Announces Pricing of $8 Million Public Offering
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Aptose Biosciences Inc. has announced the pricing of an $8 million public offering, involving the sale of 40 million shares and warrants for 20 million shares at $0.20 each. The offering includes participation from the CEO and healthcare investors.
November 22, 2024 | 1:15 pm
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Aptose Biosciences Inc. has priced an $8 million public offering, selling 40 million shares and warrants for 20 million shares at $0.20 each. This move is likely to impact the stock price due to dilution concerns.
The public offering involves a significant number of shares and warrants, which could lead to dilution of existing shares. This often results in a short-term negative impact on the stock price as the market adjusts to the increased share count.
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