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Scorpius Holdings Closes $14.4 Million Public Stock Offering -- Shares Fall
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Scorpius Holdings Closes $14.4 Million Public Stock Offering -- Shares Fall
Aug 19, 2024 10:54 AM

01:32 PM EDT, 08/19/2024 (MT Newswires) -- Scorpius Holdings ( SCPX ) shares fell more than 8% in recent trading Monday after closing an underwritten public offering of 14.4 million shares of common stock at $1 each, including overallotment option in full.

The shares generated gross proceeds of $14.4 million, which the company plans to use for working capital and general corporate purposes.

Price: 1.00, Change: -0.09, Percent Change: -8.26

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