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PHIO - Why Phio Pharmaceuticals Stock Is Nosediving | Benzinga
Phio Pharmaceuticals Corp.
Phio Pharmaceuticals Corp (NASDAQ: PHIO) shares are trading lower by 40% to $0.95 Thursday afternoon after the company announced it will exercise warrants for $2.8 million in gross proceeds.
Phio Pharmaceuticals announced that accredited investors agreed to exercise certain warrants to purchase over 2 million ...