Published on 25 Mar 2024 on Benzinga
Why SINTX Technologies Stock Is Down 50% - SINTX Techs (NASDAQ:SINT)
SINTX Technologies Inc SINT shares are trading lower by 48.7% to $0.04 during Monday’s session after the company announced pricing of a $1.3 million public offering of common stock.
The company has priced its public offering of 28.4 million shares of common stock at $0.047 per share, expecting gross proceeds of approximately $1.3 million. The offering is set to close on March 26, pending standard closing conditions.