Worksport Drops 10% Following Pricing of $2.8M Private Offering

Monday, 18 March 2024, 13:10

The Worksport stock experienced a 10% decline after the company announced the pricing of a $2.8M private offering. The offering consists of common stock and warrants priced at $0.74 and targeted at a single institutional investor. This move signals a strategic financial decision by Worksport to raise capital through a direct offering.
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Worksport Drops 10% Following Pricing of $2.8M Private Offering

Worksport Drops 10% Following Pricing of $2.8M Private Offering

The Worksport stock experienced a 10% decline after the company announced the pricing of a $2.8M private offering. The offering consists of common stock and warrants priced at $0.74 and targeted at a single institutional investor.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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