Allena Pharmaceuticals Inc. (NASDAQ:ALNA) is up 14%, but the stock is down 27% in a month. Recently the company announced the signing of a definitive agreement with various accredited healthcare-focused institution investors for the sale and purchase of around 21.36 million shares of its common stock and warrants to acquire approximately 10.78 million shares of …
ALNA
AllenaPharmaceuticals Inc. (NASDAQ:ALNA) Stock Drops Sharply: Should You Panic?
AllenaPharmaceuticals Inc. (NASDAQ:ALNA) dropped 35% after announcing a registered direct offering of around 21.3 million shares of its common stock plus a warrant to buy around 10.7 million shares at a price per share of $1.311. The offering is likely to close on July 16, and the company expects gross proceeds of $28 million. The …
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