11:56 AM EDT, 03/25/2024 (MT Newswires) -- Sintx Technologies ( SINT ) shares slid about 47% in recent Monday trading after the company said it priced its public offering of 28.4 million shares at $0.047 per share for gross proceeds of about $1.3 million.

The offering is expected to close Tuesday. Maxim Group is the placement agent.

The company said it plans to use the net proceeds for working capital and general corporate purposes.

Price: 0.05, Change: -0.04, Percent Change: -46.70