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SLGL - Sol-Gel down 23% premarket after pricing equity offering
Sol-Gel Technologies Ltd.
Thinly traded Sol-Gel Technologies (NASDAQ:SLGL) slumps 23% premarket on light volume in response to its public offering of ~2.1M ordinary shares and three-year warrants to purchase up to an aggregate of ~1.7M ordinary shares at a combined price of $11.00 per share and accompanying warrant (to purchase 0.80 of an ordinary share at $14.00).
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