Pressure Biosciences Inc (PBIO)

[namtae]

You're welcome.

At the time, PBIO was trading above $6/sh.

It's currently sub $4 and the deal has yet to price/close.

Since PBIO has announced they will uplist to NASDAQ with the completion of the offering, a pricing should occur no lower than $4... assuming theres enough interest to fund PBIO in that price range. Big question mark

On the other hand, if the deal gets priced say between $4-5, its very likely shares plummet immediately afterward. Anything in the $3's pre offering is probably worth considering

The best thing for traders long in PBIO is for this funding to get cancelled. Shares would likely make a good move up from todays prices although it would be a short term catastrophe for PBIO fundamentally