Autonomix Medical (AMIX) launched a public offering Friday of nearly 700,000 common stock units at $14.31 each.
The company said in a regulatory filing that each of the 698,812 stock units consists of one share and a series A warrant to purchase one share.
Autonomix also said it has granted the underwriters an option to buy up to an additional 104,821 shares of common stock and/or warrants to purchase an equal number of shares.
Shares of Autonomix Medical were down more than 15% in recent trading.
Price: 12.12, Change: -2.19, Percent Change: -15.30
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