share_log

Why Green Giant (GGE) Shares Are Down 40%

Benzinga ·  Dec 12, 2023 02:51

Green Giant Inc. (NASDAQ:GGE) shares are trading lower by 40% to $0.15 Monday afternoon after the company initiated a public offering of units, each containing one share of common stock, along with Class A and Class B common warrants for purchasing additional shares.

Green Giant itself is offering all the shares and warrants. The completion and specifics of the offering are subject to market conditions and other factors, with no guaranteed completion or defined terms at this stage.

Maxim Group LLC serves as the sole placement agent for this offering.

See Also: Asia Markets Rise, Europe Trades Mixed While Crude Oil Hovers Near $70

According to data from Benzinga Pro, GGE has a 52-week high of $3.30 and a 52-week low of $0.15.

The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
    Write a comment