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home / news releases / SMTI - Sanara Medtech slumps 32% on capital raise

SMTI - Sanara Medtech slumps 32% on capital raise

Sanara MedTech Inc.
Sanara MedTech (SMTI) plunges 32% after pricing public offering of 1.1M common shares at $25.00/share, for expected gross proceeds of $27.5M.Underwriters' over-allotment is an additional 165K shares.Cantor Fitzgerald & Co. is acting as the sole book-running manager.Closing date is February 17.

For further details see:

Sanara Medtech slumps 32% on capital raise
Stock Information
Company Name: Sanara MedTech Inc.
Stock Symbol: SMTI
Market: OTC
Website: sanaramedtech.com
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