HWH International (HWH) shares slumped more than 35% in recent Friday trading after it priced its public offering of about 3.2 million common shares at $0.40 per share and about 1.3 million pre-funded warrants to purchase common shares at $0.3999 per warrant.
The company expects to raise gross proceeds of about $1.8 million from the offering, which is set to close on or about Monday, it said in a filing with the US Securities and Exchange Commission.
Price: 0.42, Change: -0.23, Percent Change: -35.29
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