02:17 PM EDT, 03/26/2024 (MT Newswires) -- Cardlytics ( CDLX ) shares slumped after the company proposed on Tuesday a $150 million offering of convertible senior notes due 2029 while saying it expects to grant initial purchasers an option to buy up to $22.5 million of additional notes.

The company plans to use the net proceeds to, among other things, repurchase a portion of its 1% convertible senior notes due 2025.

Shares declined nearly 34% as intraday trading volume climbed to over 11.2 million compared with the stock's daily average of about 1.28 million.

AppTech Payments ( APCX ) shares tumbled after the company said Tuesday that it priced an offering of 2 million shares at $1 apiece.

Shares dropped more than 42%, with intraday trading volume at over 1.91 million compared with a daily average of about 90,000.

Ampio Pharmaceuticals ( AMPE ) said late on Monday that its board voluntarily decided to delist its common stock from the NYSE American.

Shares slumped 50.6%, with intraday trading volume at over 277,000 versus a daily average of about 190,000.

Price: 13.39, Change: -6.86, Percent Change: -33.88