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TransEnterix prices equity offering; shares slip 17% premarket

Published 04/28/2017, 09:03 AM
© Reuters.  TransEnterix prices equity offering; shares slip 17% premarket
ASXC
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  • TransEnterix (NYSEMKT:TRXC) is down 17% premarket on increased volume in response to the pricing of its public offering of units at $1.00 each.
  • Each unit consists of one share of common stock, one Series A to purchase one share of common and one Series B warrant to purchase 0.75 of a share of common. Gross proceeds should be almost $25M. Closing date is May 3.
  • Yesterday's close was $1.09.
  • Now read: Hill-Rom Holdings, Inc. 2017 Q2 - Results - Earnings Call Slides


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