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TANH - Tantech slumps 38% on announcement of public offering
Tantech Holdings Ltd.
Tantech (NASDAQ:TANH) to offer its common shares in an underwritten public offering. Company intends to use the net proceeds for general corporate purposes, including, but not limited to, working capital and other business opportunities. Actual size or terms of the offering not yet finalised. Shares slump 38% during after market hours.