SeqLL Inc SQL shares are trading lower by 19.32% to $1.06 Monday morning after the company announced pricing of an $1.8 million registered direct offering.
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SeqLL announced that it has entered into a securities purchase agreement with institutional investors to purchase 2,000,000 of its shares of common stock at a purchase price of $0.90 per share of common stock in a registered direct offering.
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The offering is expected to close on or about February 15, subject to the satisfaction of customary closing conditions.
According to data from Benzinga Pro, SQL has a 52-week high of $2.40 and a 52-week low of $0.23.