01:59 PM EDT, 09/19/2024 (MT Newswires) -- Haoxi Health Technology ( HAO ) shares plunged 75% amid heavy trading after the Beijing-based company said Thursday that it priced a $12 million follow-on public offering of 4 million units at $3 apiece.

Over 7 million shares traded intraday versus a daily average of under 655,000.

Banzai International ( BNZI ) said Thursday it is implementing a 1-for-50 reverse stock split, effective immediately, to regain compliance with the Nasdaq's minimum closing share price requirement.

Shares dropped 20%, with intraday trading volume at about 484,000 compared with a daily average of about 40,000.

BloomZ ( BLMZ ) said late Wednesday that the Nasdaq Stock Market notified the company of its non-compliance with a rule requiring companies to maintain a minimum market value of listed securities of $35 million.

Shares slumped 30% in recent trading Thursday, with intraday trading volume at over 631,000 compared with a daily average of about 7 million.

Price: 0.75, Change: -2.25, Percent Change: -75.00