2023-04-13 09:44:20 ET
- GlucoTrack ( NASDAQ: GCTK ) has announced the pricing of a firm commitment underwritten public offering of shares of its common stock with gross proceeds expected to be ~$10M.
- The offering consists of 7.35M shares of common stock and pre-funded warrants at a price to the public of $1.36/share.
- The Co. intends to use the net proceeds for working capital and general corporate purposes.
- The offering is expected to close on April 17, 2023.
- GCTK currently -48.92% to $1.38.
For further details see:
GlucoTrack stock plummets on $10M underwritten public offering of common stock