Outlook Therapeutics Inc OTLK:NASDAQ

Last Price$1.60NASDAQ Previous Close - Last Trade as of 4:00PM ET 5/13/22

Today's Change+0.11(7.38%)
Bid (Size)$1.40 (10)
Ask (Size)$1.70 (20)
Day Low / High$1.52 - 1.65
Volume1.2 M

Outlook Therapeutics Unveils $10 Million Common Stock Offering; Shares Sink

4:51PM ET 11/23/2021 MT Newswires
Outlook Therapeutics (OTLK) said late Tuesday it agreed to a bought-deal offering of common stock allowing underwriter HC Wainwright to buy 8 million shares at $1.25 per share, less discounts and commissions.

The offering is slated to close Nov. 29 with the underwriter holding a 30-day option to buy up to 1.2 million additional shares, according to the biopharmaceutical company's statement.

Shares were down nearly 17% in after-hours trading.

Price: 1.3000, Change: -0.26, Percent Change: -16.67