Outlook Therapeutics (OTLK) shares plunge 27.92% intraday after discounted equity offering
ByAinvest Wire
Thursday, Aug 13, 2026 9:46 am ET1min read
OTLK--
Outlook Therapeutics (OTLK) shares fell 27.92% in intraday trading after the company priced 55,555,556 shares of common stock and accompanying warrants at $0.99 per unit. This $55.0 million public equity offering, representing a 10% discount to the previous closing price, is intended to fund the commercial launch of LYTENAVA and general corporate purposes.
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