Tharimmune Inc (THAR)

Tharimmune Inc Stock (THAR) dropped by 72.36% from $3.51 to $0.97 in the trading on Tuesday November 28, 2023. The reason why THAR stock down today is due to the announcement of a public offering. Tharimmune, Inc. (THAR) has announced a public offering of 10 million shares of common stock at a price of $1.00 per share. The offering is expected to generate gross proceeds of $10 million. Tharimmune intends to use the proceeds from the offering to fund its Phase 2 trial of TH104 in 2024, as well as for working capital and other general corporate purposes.