Clearmind Medication Inc CMND shares are buying and selling decrease by 53% to $0.18 Thursday morning after the corporate introduced pricing of a $2.25 million public providing.
The providing is anticipated to shut on September 18, topic to the satisfaction of customary closing circumstances.
The corporate says it expects to make use of the online proceeds from the providing, for normal company functions.
This might embody working bills, analysis and improvement, together with medical and pre-clinical testing of our product candidates, working capital, future acquisitions and normal capital expenditures.
In line with information from Benzinga Professional, CMND has a 52-week excessive of $6.10 and a 52-week low of $0.18.
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