Shares of LAIX Inc. (NYSE: LAIX) got a boost, shooting 138% to $6.08 following a report a Chinese securities regulator approved the merging of two exchanges, Shenzhen s main board and the small- to medium-enterprise board.
Aurora Mobile Limited (NASDAQ: JG) shares were also up, gaining 42% to $5.66. Aurora Mobile partnered with short video social platform Kuaishou Technology, also known as TikTok competitor, to drive the latter’s monetization efficacy.
Equities Trading DOWN
ATA Creativity Global (NASDAQ: AACG) shares tumbled 52% to $6.89 on profit-taking after the stock rose 936% yesterday.
Shares of Document Security Systems, Inc. (NYSE: DSS) were down 25% to $3.24 after the company priced its $34.5 million upsized public offering of common stock.
Shares of LAIX Inc. (NYSE: LAIX) got a boost, shooting 163% to $6.72 following a report a Chinese securities regulator approved the merging of two exchanges, Shenzhen s main board and the small- to medium-enterprise board.
Aurora Mobile Limited (NASDAQ: JG) shares were also up, gaining 72% to $6.86. Aurora Mobile partnered with short video social platform Kuaishou Technology, also known as TikTok competitor, to drive the latter’s monetization efficacy.
Equities Trading DOWN
ATA Creativity Global (NASDAQ: AACG) shares tumbled 40% to $8.51 on profit-taking after the stock rose 936% yesterday.
Shares of Document Security Systems, Inc. (NYSE: DSS) were down 29% to $3.08 after the company priced its $34.5 million upsized public offering of common stock.
Aegis Capital Corp acted as Sole Bookrunner on a $24 0 Million Upsized Follow-On Offering for Document Security Systems, Inc (NYSE American:DSS) phoenixherald.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from phoenixherald.com Daily Mail and Mail on Sunday newspapers.
Document Security Systems, Inc. Closes $24.0 Million Upsized Public Offering of Common Stock
ROCHESTER, N.Y., Jan. 22, 2021 (GLOBE NEWSWIRE) Document Security Systems, Inc. (NYSE American: DSS) (the “Company”), a multinational company operating businesses focusing on brand protection technology, blockchain security, direct marketing, healthcare, real estate, and securitized digital assets, today announced the closing of an upsized underwritten public offering with gross proceeds to the Company of approximately $24.0 million, before deducting underwriting discounts and commissions and other estimated offering expenses payable by the Company.
The Company issued 6,666,666 shares of common stock at a price of $3.60 per share. The Company intends to use the net proceeds from this offering, together with existing cash, to fund the development and growth of new business lines, acquisition opportunities, and general corporate and working capital needs.
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