Home Top Movers Why PolarityTE, Inc. (Nasdaq: PTE) stock jumped in the after-hours session?

Why PolarityTE, Inc. (Nasdaq: PTE) stock jumped in the after-hours session?

What’s New…

PolarityTE, Inc. (Nasdaq: PTE), the stock surged 19.69% to $0.9177 in the after-hours session after the biotechnology company (PTE), which produced regenerative tissue and biomaterial products, announced that it would present at the H.C. On January 11, 2021, Wainwright Interactive Bioconnect Meeting.

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A webcast of the presentation will be available on January 11, 2021, beginning at 6:00 a.m. Eastern Time can be accessed in the “News & Media/Events” section of PolarityTE’s website www.polarityte.com/news-media/events.

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Past developments

Before this news, on December 22, 2020, A single healthcare-focused institutional investor has entered into a securities purchase agreement with PTE for the purchase and sale of 10,688,043 shares of its common stock and accompanying warrants for the purchase of up to 10,688,043 shares of common stock.

On November 30, 2020, the U.S. Patent and Trademark Office announced its decision to grant U.S. patent application 14/954,335. This is the first patent granted by the Company in the United States.

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