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home / news releases / JAN - JanOne shares drop on $422K stock offering

JAN - JanOne shares drop on $422K stock offering

JanOne Inc.

2023-03-23 09:35:01 ET

  • JanOne ( NASDAQ: JAN ) shares fell 22% on Thursday after the biopharmaceutical company launched an offering to raise $422K.
  • The offering relates to the sale of 361,000 shares of the company's common stock at $1.17 per share.
  • Gross proceeds from the sale are expected to be approximately $422,000; net proceeds will be used for working capital and general corporate purposes.

For further details see:

JanOne shares drop on $422K stock offering
Stock Information
Company Name: JanOne Inc.
Stock Symbol: JAN
Market: NYSE
Website: janone.com
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