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CRXT - Clarus Therapeutics plunges 22% on equity offering
Clarus Therapeutics Holdings Inc.
Clarus Therapeutics Holdings (NASDAQ:CRXT) is down 22% in premarket trading after the company filed for an equity offering with the SEC. The offering is for just over 12M units that consist of one share of our common stock and one warrant to purchase one share of common stock. The exercise price has not yet been determined. Clarus (CRXT) shares fell another 22% in trading on April 22.