Why Purple Biotech (PPBT) Shares Are Trading Lower
Why Purple Biotech (PPBT) Shares Are Trading Lower
Purple Biotech Ltd – ADR (NASDAQ:PPBT) shares are trading lower by 11.5% to $0.37 during Monday's session after the company announced the exercise of warrants for $2 million gross proceeds.
Purple Biotech有限公司-ADR(NASDAQ:PPBT)股票在周一交易期间下跌11.5%至0.37美元,此前该公司宣布行使认股权以获得200万美元的总收益。
What Happened?
发生了什么?
Purple Biotech has entered into agreements for the exercise of existing warrants to purchase 5,633,509 American Depositary Shares (ADSs) at a reduced price of $0.36 per ADS, down from their original prices of $1.25 to $20.00 per ADS. This move involves warrants originally issued in October 2023, June 2020, January 2019, and June 2018. The offering, expected to close around July 2, is facilitated by H.C. Wainwright & Co.
Purple Biotech已达成协议,行使已有的认股证购买预存凭证的563万3509股美国存托股票(ADS),该价格比它们的原始价格0.36美元的ADS低,比原价低1.25美元至20.00美元/ADS。此举涉及2018年6月、2019年1月、2020年6月和2023年10月最初发行的认股证。这次发售由H.C. Wainwright & Co.促成,预计将在7月2日左右结束。
In return for the immediate exercise of these warrants, Purple Biotech will issue new unregistered Series A-1 and A-2 warrants, allowing the purchase of up to 4,979,383 and 6,287,635 ADSs, respectively, at $0.40 per ADS. The A-1 warrants are valid for five years, and the A-2 warrants are valid for two years from the issuance date.
作为这些认股证的即时行使,Purple Biotech将发行新的未注册的A-1系列和A-2认股证,允许购买高达4,979,383和6,287,635股ADS,认股价为每股0.40美元。A-1认股证有效期为五年,A-2认股证自发行日起两年有效。
The exercise of the existing warrants is expected to generate approximately $2 million in gross proceeds, which Purple Biotech will use to develop its oncology therapies and for general corporate purposes.
现有认股证的行使预计将产生约200万美元的总收益,将用于Purple Biotech开发其肿瘤治疗方案以及一般企业用途。
Read Also: What's Going On With GameStop Stock Monday?
阅读也可参考: GameStop股票周一怎么了?
How To Buy PPBT Stock
如何购买PPBT股票
Besides going to a brokerage platform to purchase a share – or fractional share – of stock, you can also gain access to shares either by buying an exchange traded fund (ETF) that holds the stock itself, or by allocating yourself to a strategy in your 401(k) that would seek to acquire shares in a mutual fund or other instrument.
除了手动到经纪所平台购买股票或者部分股票,您还可以通过购买持有股票的ETF,或者在401(k)中分配资金进入一项该类基金或其他工具的策略来获得股票的份额。例如,Coinbase属于金融部门。ETF通常持有许多能跟踪该部门的流动性和大型公司的股票,使投资者能够获得该股票板块内的趋势。
For example, in Purple Biotech's case, it is in the Health Care sector. An ETF will likely hold shares in many liquid and large companies that help track that sector, allowing an investor to gain exposure to the trends within that segment.
例如,在Purple Biotech的情况下,它位于医疗保健板块。ETF可能持有许多液体和大型公司的股票,这些公司有助于跟踪该板块,使投资者能够接触该板块内的趋势。
According to data from Benzinga Pro, PPBT has a 52-week high of $1.80 and a 52-week low of $0.30.
根据Benzinga Pro的数据,PPBT的52周最高点为1.80美元,52周最低点为0.30美元。