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home / articles / why biosig technologies bsgm shares are falling benz mwn benzinga

BSGM - Why BioSig Technologies (BSGM) Shares Are Falling | Benzinga

BioSig Technologies Inc.

BioSig Technologies Inc (NASDAQ:BSGM) shares are trading lower by 17% to $1.99 during Thursday’s session after the company announced a $3 million registered direct offering of 1,570,683 shares at $1.91 per share.

Additionally, in a concurrent private placement, BioSig will issue unregistered warrants to purchase an equal number of shares at $1.78 per share. The warrants are immediately exercisable and will expire in five years. The total gross proceeds from the offering are expected to be around $3 million, to be used for working capital and general corporate purposes.

H.C. Wainwright & Co. is the exclusive placement ...

BSGM) Shares Are Falling>Full story available on Benzinga.com
Stock Information
Company Name: BioSig Technologies Inc.
Stock Symbol: BSGM
Market: NASDAQ
Website: biosig.com
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