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CASI - CASI Pharmaceuticals slumps 13% premarket on pricing $32.5M stock offering
CASI Pharmaceuticals Inc.
CASI Pharmaceuticals (CASI) trades 12.7% down premarket after pricing its earlier announced underwritten public offering of 15.8M shares at $2.05/share; underwriters granted 30-day option to purchase up to an additional 2.38M shares.Offering is expected to close on or about Mar.26.Gross proceeds expected to be ~$32.5M.