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HTGM - HTG Molecular prices stock offering at $0.65; shares down 9%
HTG Molecular Diagnostics Inc.
Thinly traded nano cap HTG Molecular Diagnostics (HTGM-9.1%) is down more than double normal volume, albeit on turnover of only 551K shares, in reaction to its public offering of ~25.5M common shares at $0.65 per share. The underwriter's over-allotment is an additional ~3.8M shares. Gross proceeds should be ~$16.6M.
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