02:17 PM EST, 01/08/2026 (MT Newswires) -- Genelux ( GNLX ) stock fell 15% in recent Thursday trading after the company priced an underwritten public offering of about 6.67 million common shares at $3 each, raising $20 million in gross proceeds.

The underwriter has a 30-day option to buy up to an additional 1 million shares, the company said Thursday in a statement.

Proceeds are expected to be used for general corporate purposes. The offering is set to close around Friday.

Price: 2.87, Change: -0.52, Percent Change: -15.43