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CAPR - Capricor Therapeutics slumps 9% on $75M stock offering
Capricor Therapeutics Inc.
Capricor Therapeutics (CAPR) announces $75M common stock offering.Company intends to use the net proceeds for research and development related to the company’s product candidates, manufacturing of the company’s products, working capital and general corporate purposes.Company has a current market cap of ~$121.5M.Shares drop 9% pre-market.Source