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ISR - Isoray down 26% after pricing equity offering
IsoRay Inc.
Thinly traded nano cap Isoray (ISR) slumps 26% premarket on robust volume in reaction to its public offering of ~18.3M common shares and five-year warrants to purchase ~9.1M shares at a combined price of $0.52 per share and accompanying warrant.Gross proceeds should be ~$9.5M.Yesterday's close was $0.5679.