Home Financial Markets No matter why SCYNEXIS, Inc.(SCYX) shares dropped in the after-market hours

No matter why SCYNEXIS, Inc.(SCYX) shares dropped in the after-market hours

SCYNEXIS, Inc.(NASDAQ: SCYX) stock dropped -17.19% to $6.09 in the post-market session after the Nasdaq-listed company, confirmed that it has commenced a public offering of warrants to purchase a share of SCYNEXIS common stock, including pre-funded warrants to purchase common stock in lieu of shares for certain purchasers. Shares of common stock and warrants in the offering will be sold by SCYNEXIS. The offering is contingent upon market conditions, and no assurance can be made regarding its actual size or terms.

The book-running manager for the offering is Cantor Fitzgerald & Co. Guggenheim Securities, LLC is also acting as joint book-runner for the offering. The offering will be managed by National Securities Corporation, a wholly-owned subsidiary of National Holdings, Inc.


The 2021 Backdoor Crypto Portfolio (free)

Even if you’re not actively in crypto, you deserve to know what’s actually going on...

Because while leading assets such as Bitcoin (BTC) and Ethereum (ETH) are climbing in value, a select group of public “crypto stocks” are surging right along with them. More importantly, these stocks are outpacing the returns these leading crypto assets aren already producing.

Click here to get the full story… along with our long list of backdoor Bitcoin strategies. It’s free.

Sponsored


Read More

Get The Best Stocks To Trade Every Day!

Join now to get the NewsHeater.com pre-market morning brief 100% free

Must Read

Why Sundial Growers (SNDL) shares have skyrocketed in intraday trading?

Shares of Sundial Growers (SNDL) have been on a skywalk. As of 10:47 AM EST, the seller, and producer of Cannabis products recorded $1.38...

What Caused 35% Pre-Market Surge In electroCore, Inc. (ECOR) Stock Today?

Shares of electroCore, Inc. (ECOR) has been surging strongly in the pre-market session today following an announcement of exclusive distribution agreement in Australia. The...

Zix Corp (ZIXI) Stock Surged 7% After-Hour For What Reason?

The stock of email security solution provider Zix Corp (ZIXI) has added 7.05% to its value in the after-hours trading on Friday. The company...

Apple Inc. (AAPL) Stocks dip but future prospects for the company seem very positive

On Thursday, Apple shares (NASDAQ: AAPL) closed at $120.99 which is 3.5% lower. In the after-hours session, the price further declined by 0.2%.  The...

Tesla Inc. (TSLA): a Game of Thrones, Tweets and Bitcoin

Tesla Inc. (NASDAQ: TSLA) shares plunged by more than 8% when the market closed on Thursday. The news that most significantly impacted this plunge...

Why Sundial Growers (SNDL) shares have skyrocketed in intraday trading?

Shares of Sundial Growers (SNDL) have been on a skywalk. As of 10:47 AM EST, the seller, and producer of Cannabis products recorded $1.38...

Shares of SOS Limited (SOS) are soaring. What’s Going on?

SOS Limited (SOS), an emerging blockchain-based company in China, is soaring in current-market trading after facing a decline of 21% in the previous open...

Aemetis, Inc. (AMTX) Is Up 45%, Is The Stock Surging For Any Reason?

The clean energy firm Aemetis, Inc. (AMTX) has been experiencing a +45.57% increase in its stock price valued at $14.31 as of 12:02 p.m....

Related News

What Took Gabelli Healthcare (GRX) Stock Down 18% In Pre-Market?

The Gabelli Healthcare & Wellness Trust (GRX) is sinking -18.33% in pre-market trading today following the announcement of a cash distribution by the organization...

In Premarket, What Has Been Causing AmeriServ Financial (ASRV) Stock To Increase 100%?

AmeriServ Financial, Inc. (NASDAQ: ASRV) has been seeing price of its share rising more than 100% in pre-market session today. The holding firm of...

You Should Read THIS Before Investing In Hut 8 Mining Corp’s Ordinary Shares (OTC: HUTMF)

Hut 8 Mining Corp - Ordinary Shares (OTC-HUTMF) stock soared by 21.74% in the last trading session, reaching $10.390. Over the last month, the...

Fluidigm Corporation (FLDM): Why The Stock Is Declining In Premarket Trading Today

Shares of Fluidigm Corporation (NASDAQ: FLDM) have been plummeting -14.10% to $6.09 in the pre-market session today. The company which provides innovative biotechnology tools...

This Is Why Recon Technology, Ltd. (RCON) Just Got Our Attention

Recon Technology, Ltd. (RCON) ended Monday 12% higher thanks to news that it has raised equity ownership in FGS to 51%. The better news...

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Get The Best Stocks To Trade Every Day!

Join now to get the NewsHeater.com pre-market morning brief 100% free

Get The Best Stocks To Trade Every Day!

Join now to get the NewsHeater.com pre-market morning brief 100% free

We do not sell or share your information with anyone.

Get The Best Stocks To Trade Every Day!...100% Free

We do not sell or share your information with anyone.

Get Best Morning Financial Newsletter... 100% Free

Best stocks ideas

Analysts’ Upgrades & Downgrades

Insider Watchlist

Important Earnings

We do not sell or share your information with anyone.