HomeMarket NewsMicro Cap Stocks The Soaring and Plummeting of Sellas Life Sciences Stocks

The Soaring and Plummeting of Sellas Life Sciences Stocks

Daily Market Recaps (no fluff)

always free

annoy 2926087

  • Sellas Life Sciences stocks have plummeted by 35.7% on Thursday.
  • The company’s announcement of a $9 million public offering has led to the decline.

Sellas Life Sciences Group Inc SLS shares are trading lower by 35.7% to $0.58 Thursday
afternoon. The stock is trading lower after the company announced pricing of a $9 million public offering.

Untangling the Web

The issuance of 12 million shares of common stock alongside accompanying warrants
aims to raise $9 million before expenses.

Priced at $0.75 per share and warrant, these securities will grant the option to
purchase an equal number of shares at the same price within five years.

A.G.P./Alliance Global Partners acts as the exclusive placement
agent for this offering, set to conclude around January 8, pending standard closing conditions.

Also Valuable: December Jobs Report Preview

Data from Benzinga Pro reveals that SLS has reached a 52-week high of $4.13 and a
low of $0.58.


Do you want a daily market summary with no fluff?

Simple Straightforward Daily Stock Market Recaps Sent for free,every single trading day: Read Now

Explore More

Simple Straightforward Daily Stock Market Recaps

Get institutional-level analysis to take your trading to the next level, sign up for free and become apart of the community.