Outlook Therapeutics Shares Plummet 48% After $5 Mln Offering and New 52-Week Low
ByAinvest
Tuesday, Mar 24, 2026 10:47 am ET1min read
OTLK--
Outlook Therapeutics' shares plummeted 48% to a 52-week low of $0.16 after pricing a $5 million offering of 20 million shares and warrants. The net proceeds will be used for working capital and general corporate purposes. The offering, expected to close on March 25, 2026, was led by H.C. Wainwright & Co. as the exclusive placement agent.
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