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JAN - JanOne under pressure on pricing $6M stock offering
JanOne Inc.
JanOne (JAN) eroded 8.8% in premarket trade after entering into a securities purchase agreement with institutional investors for the purchase and sale of 571,428 shares at $10.50/share in a registered direct offering.Gross proceeds are expected to be $6M.Offer close is expected on or about Feb. 2.