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CYCC - Cyclacel plummets 52% premarket on equity offering
Cyclacel Pharmaceuticals Inc.
Thinly traded nano cap Cyclacel Pharmaceuticals (NASDAQ:CYCC) craters 52% premarket on robust volume in reaction to its public offering of 4M common shares at $5 per share, each with an accompanying five-year warrant to purchase one common share at $5.
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