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NBSE - NeuBase Therapeutics slumps on launching stock offering
NeuBase Therapeutics Inc.
NeuBase Therapeutics (NBSE) trades 6.7% down after hours on commencing an underwritten public offering of shares; underwriters granted 30-day option to purchase up to an additional 15% of the shares.Offer size, terms have not been disclosed.Net proceeds to be used for general corporate purposes, working capital and development of its product candidates and pipeline expansion.