Nexentis Technologies Slides on Private Offerings

Dow Jones

06/23

By Dean Seal

Shares of Nexentis Technologies sank after the company said it would sell shares to certain investors at about $7 apiece, below Monday's closing price.

The stock dropped 44%, to $6.90, after hours, giving back much of the surge it got during the trading day that saw it close at $13. It finished trading last week at $5.08.

Investors rallied behind the stock after Nexentis said on Monday morning that its subsidiary was working with artificial-intelligence research lab Boltz to accelerate the discovery of new cancer-fighting small-molecule drug candidates.

After the closing bell, Nexentis said it agreed to issue and sell nearly 411,000 shares to certain investors in a direct offering at a price of just under $7.06 a share. It has also agreed to issue those investors another roughly 411,000 warrants, each of which can be exercised to buy a share at just under $7.06.

The company expects to receive about $2.9 million in gross proceeds from the offerings, which is set to close on Wednesday.

Nexentis currently only has about 1 million shares outstanding, according to FactSet.

Write to Dean Seal at dean.seal@wsj.com

(END) Dow Jones Newswires

June 22, 2026 17:41 ET (21:41 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

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It finished trading last week at $5.08. \n</p>\n<p>\n  Investors rallied behind the stock after Nexentis said on Monday morning that its subsidiary was working with artificial-intelligence research lab Boltz to accelerate the discovery of new cancer-fighting small-molecule drug candidates. \n</p>\n<p>\n  After the closing bell, Nexentis said it agreed to issue and sell nearly 411,000 shares to certain investors in a direct offering at a price of just under $7.06 a share. It has also agreed to issue those investors another roughly 411,000 warrants, each of which can be exercised to buy a share at just under $7.06. \n</p>\n<p>\n  The company expects to receive about $2.9 million in gross proceeds from the offerings, which is set to close on Wednesday. \n</p>\n<p>\n  Nexentis currently only has about 1 million shares outstanding, according to FactSet. \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  Write to Dean Seal at dean.seal@wsj.com \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  June 22, 2026 17:41 ET (21:41 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4093","symbol_name":"化肥與農用藥劑","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2645008246","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2645008246","pubTimestamp":1782164460,"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":"Shares of Nexentis Technologies sank after the company said it would sell shares to certain investors at about $7 apiece, below Monday's closing price.The stock dropped 44%, to $6.90, after hours, giving back much of the surge it got during the trading day that saw it close at $13. It finished trading last week at $5.08.Investors rallied behind the stock after Nexentis said on Monday morning that its subsidiary was working with artificial-intelligence research lab Boltz to accelerate the discovery of new cancer-fighting small-molecule drug candidates.After the closing bell, Nexentis said it agreed to issue and sell nearly 411,000 shares to certain investors in a direct offering at a price of just under $7.06 a share. It has also agreed to issue those investors another roughly 411,000 warrants, each of which can be exercised to buy a share at just under $7.06.The company expects to receive about $2.9 million in gross proceeds from the offerings, which is set to close on Wednesday.Nexent","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4093":"化肥与农用药剂","NXTS":"Nexentis Technologies Inc"},"translate_title":"Nexentis Technologies私募发行下滑","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"NXTS":0.9},"content_text":"By Dean Seal \n\n\n \n\n\n  Shares of Nexentis Technologies sank after the company said it would sell shares to certain investors at about $7 apiece, below Monday's closing price. \n\n\n  The stock dropped 44%, to $6.90, after hours, giving back much of the surge it got during the trading day that saw it close at $13. It finished trading last week at $5.08. \n\n\n  Investors rallied behind the stock after Nexentis said on Monday morning that its subsidiary was working with artificial-intelligence research lab Boltz to accelerate the discovery of new cancer-fighting small-molecule drug candidates. \n\n\n  After the closing bell, Nexentis said it agreed to issue and sell nearly 411,000 shares to certain investors in a direct offering at a price of just under $7.06 a share. 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