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Genprex falls 10% after pricing its offering to raise $6.5M

Mar. 19, 2024 8:48 AM ETGenprex, Inc. (GNPX) StockBy: Sinchita Mitra, SA News Editor
  • Genprex (NASDAQ:GNPX) shares fell 10% in pre-market trade after the company priced its direct offering of 1.54M shares of common stock and warrants at a combined offering price of $4.215 apiece to raise $6.5M.
  • The company added the will have an exercise price of $4.09 per share.
  • The firm intends to use the net proceeds for working capital and general corporate purposes.

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