02:11 PM EDT, 05/21/2024 (MT Newswires) -- GT Biopharma ( GTBP ) said Tuesday it priced a registered direct offering of 740,000 shares at $4.35 per share to raise about $3.2 million for general corporate purposes. It will also issue warrants in a concurrent private placement.

Shares sank about 31%, with intraday trading volume at more than 18.1 million versus a daily average of about 1.06 million.

LuxUrban Hotels ( LUXH ) said it priced a public offering of 30.5 million shares at $0.25 apiece.

The company intends to use the proceeds for working capital and other general corporate purposes.

Shares slid 42% as intraday trading volume surged to over 9.28 million versus the stock's daily average of about 607,000.

American Oncology Network ( AONC ) said that it has decided to delist its Class A common stock and warrants from the Nasdaq Capital Market, with the last trading day expected on or about June 7.

Shares slumped 33% after intraday trading volume climbed to over 247,000 from a daily average of about 13,000.

Price: 5.35, Change: -2.45, Percent Change: -31.41