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HOTH - Hoth Therapeutics slides on pricing $7.0M stock offering
Hoth Therapeutics Inc.
Hoth Therapeutics (NASDAQ:HOTH) is down 12.4% after hours after the firm has priced its underwritten public offering of 8,235,294 shares of common stock at $0.85/share for aggregate gross proceeds of ~$7.0M. Underwriters green shoe options is for another ~1.24M shares of common stock. Offering is expected to close on or about April 14, 2022. Net proceeds will be used for general corporate and working capital purposes. Earlier, Hoth Therapeutics slides on public offering of common stock.