Sellas Life Sciences Group Inc. said Friday that it raised $20.0 million, through the public sale of common shares and warrants to buy stock. Shares of the...
Sellas Life Sciences Group Inc. SLS said Friday that it raised $20.0 million, through the public sale of common shares and warrants to buy stock. Shares of the biopharmaceutical company, which is focused on cancer treatments, plummeted 43.1% in premarket trading, after the offering was initially announced without terms late Thursday. That’s puts the stock on track for a record one-day loss, surpassing the previous record selloff of 33.0% on Oct.
0 million, through the public sale of common shares and warrants to buy stock. Shares of the biopharmaceutical company, which is focused on cancer treatments, plummeted 43.1% in premarket trading, after the offering was initially announced without terms late Thursday. That’s puts the stock on track for a record one-day loss, surpassing the previous record selloff of 33.0% on Oct. 19, 1987, a day known on Wall Street as Black Monday. The company said it sold 7.
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