YTEN - Yield10 Bioscience announces pricing of $3.7 million public offering
2023-08-11 08:46:00 ET
- Yield10 Bioscience Inc. ( NASDAQ: YTEN ) shares down 51% on Friday after announcing the pricing of its public offering of 5,750,000 units at a public offering price of $0.65 per unit.
- Gross proceeds are expected to be about $3.7 million.
- Each unit consists of one share of common stock and one warrant to purchase one share of common stock.
- The warrants will be immediately exercisable at an exercise price of $0.65 per share and will expire five years from date of issuance.
- The offering is expected to close on or about August 15.
- Source: Press Release
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Yield10 Bioscience announces pricing of $3.7 million public offering