OncoSec Medical Down 18% as Company Plans to Offer Stock and Warrants

Dow Jones

2023/03/29

By Josh Beckerman

OncoSec Medical Inc. shares were down 18% to $2.16 after the company said it plans to offer 11.66 million shares and 11.66 million warrants.

The cancer-focused biotechnology company said certain investors may buy pre-funded warrants instead of shares due to potential ownership limits.

OncoSec shares fell 24% on Feb. 2 after it announced a stock and warrant offering and rose 89% on March 1 after it withdrew the offering.

Write to Josh Beckerman at josh.beckerman@wsj.com

(END) Dow Jones Newswires

March 28, 2023 14:50 ET (18:50 GMT)

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Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"CRCT","symbol_name":"Cricut, Inc.","start_time":0,"source_url":"http://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2323918712","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2323918712","pubTimestamp":1680029400,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"By Josh Beckerman \n\n\n \n\n\n  OncoSec Medical Inc. shares were down 18% to $2.16 after the company said","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"CRCT":"Cricut, Inc.","BK4539":"次新股","BK4139":"生物科技","BK4007":"制药","BK4191":"家用电器","TERN":"Terns Pharmaceuticals, Inc."},"translate_title":"OncoSec Medical股价下跌18%，该公司计划发行股票和认股权证","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"CRCT":0.9,"ONCS":1,"TERN":0.9},"content_text":"By Josh Beckerman \n\n\n \n\n\n  OncoSec Medical Inc. shares were down 18% to $2.16 after the company said it plans to offer 11.66 million shares and 11.66 million warrants. \n\n\n  The cancer-focused biotechnology company said certain investors may buy pre-funded warrants instead of shares due to potential ownership limits. \n\n\n  OncoSec shares fell 24% on Feb. 2 after it announced a stock and warrant offering and rose 89% on March 1 after it withdrew the offering. \n\n\n \n\n\n  Write to Josh Beckerman at josh.beckerman@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  March 28, 2023 14:50 ET (18:50 GMT)\n\n\n  Copyright (c) 2023 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":true,"need_login_tip":false,"code":"91000000","status":"200"}}}