Helius Medical dive on discounted equity offering

Solana Co

05/08/2022 14:16

** Helius Medical Technologies Inc's  HSDT.O  shares slump
44.5% to 57 cents, biggest pct. loser on U.S. exchanges
premarket
    ** Neurotech firm to raise $18 mln via sale of 24 mln shares
at 75 cent, a near 26% discount from its last close of $1.01
 urn:newsml:reuters.com:*:nGNXcc9Njx
    ** Co has 3.8 mln shares outstanding - Refinitiv data
    ** Up to Thursday's close, stock down ~80% YTD

 (Reporting by Khushi Mandowara)
 ((Khushi.Mandowara@thomsonreuters.com;))