Aclarion Inc (NASDAQ:ACON) shares are trading lower by 62.5% to $0.34 Monday morning after the company priced its public offering of 5.175 million units. Each unit includes one share of common stock (or a pre-funded warrant), and two common warrants.
The public offering price per unit is $0.58, with common warrants exercisable at $0.58 per share and expiring in five years. Gross proceeds are anticipated to be about $3.0 million before deduction of placement agent fees and other expenses.
The offering is set to ...
ACON) Shares Are Down Over 60% Today>Full story available on Benzinga.com