PHUN - Phunware stock slumps as it prices its $2.8M public offering at $0.06 per share
2023-12-07 11:29:30 ET
- Shares of Phunware ( NASDAQ: PHUN ) slump after it priced its public offering of ~46.7 million shares at $0.06 per share.
- The company said gross proceeds from the offering is expected to be ~$2.8 million.
- Shares in the company down 26.95% at $0.091.
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Phunware stock slumps as it prices its $2.8M public offering at $0.06 per share