Tharimmune Inc (THAR)

Overview News Price History Financials Why THAR Down? Discussions Forecast

Why is Tharimmune Inc (THAR) Stock down?

We've noticed a 8.29% decline in Tharimmune Inc (THAR) stock during the 2024-05-10 trading session. While this could be attributed to normal volatility or various internal and external factors, please be aware that we are actively monitoring the situation, and we'll provide timely updates as soon as possible!

28 Nov, 2023:

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.