NASDAQ-listed Venus Concept Inc. (VERO), shares plunged 18.5% to $2.07 in the early hours today after a global medical aesthetic technology leader announced that it aims to make an underwritten public offering of Venus common stock under its existing shelf registration statement, subject to pertinent market and other conditions. Venus Concept will be selling all the common stock and warrants in the proposed offering. We cannot guarantee whether the offering will be completed or whether the offering will be of the desired size or terms.
Get the hottest stocks to trade every day before the market opens 100% free. Click here now.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
In addition to funding its research and development activities, Venus Concept plans to use the net proceeds from the proposed offering for general corporate purposes.
Ladenburg Thalmann is acting as lead manager, and Oppenheimer & Co. Inc. is serving as sole book-running manager of the proposed offering.
Read More