Mainz Biomed N V (MYNZ)

Mainz Biomed NV Stock (MYNZ) dropped by 46.43% from $2.24 to $1.20 in the trading on Monday November 13, 2023. The reason why MYNZ stock down today is due to the direct offering. Mainz Biomed has entered a securities purchase agreement with institutional investors to raise $5 million through a registered direct offering of 4,166,667 shares. The agreement involves the sale of ordinary shares and warrants, with an effective purchase price of $1.20 per share.