Ocugen Slid Nearly 20% in Morning Trading after a $53.5 Million Public Offering of Common Stock

Tiger Newspress2022-02-23

Ocugen slid nearly 20% in morning trading after a $53.5 million public offering of common stock.Ocugen (OCGN) on Tuesday priced its offering of about 16 million common shares for gross proceeds of about $53.5 million.The underwriter has been granted a 30-day option to buy up to about 2.4 million additional common shares.

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