AWH - Aspira Women's Health stock craters after $4.7M registered direct offering
2023-07-20 12:13:58 ET
- Aspira Women’s Health ( NASDAQ: AWH ) announced on Thursday a $4.7M registered direct offering.
- AWH shares fell -31.5% in afternoon trading.
- AWH said that it had entered into agreements in a registered direct offering for the sale and purchase of 1.7M of common shares.
- The company added that the purchase price was $2.75/share for institutional investors and certain longstanding investors, and $3.98/share for directors and officers of AWH.
- "Offering is expected to close on or about July 24, 2023," said AWH in a statement .
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Aspira Women’s Health stock craters after $4.7M registered direct offering